[ubuntu-uk] New business

alan c aeclist at candt.waitrose.com
Sat May 28 18:52:08 UTC 2011


On 28/05/11 15:51, Bruno Girin wrote:
> On Fri, 2011-05-27 at 07:47 +0100, Sean Miller wrote:
>>  If you don't consider you are going to have a huge turnover then
>>  merely register as a Sole Trader.
>>
>>  You will have to pay additional National Insurance Contributions on a
>>  quarterly basis (I think it's about £10/month) and will have to
>>  complete an additional page on your Self Assessment Tax Return stating
>>  turnover, costs, profit etc., but apart from that you really don't
>>  have to do much at all.
>
> In addition to this I would say there are two essential things:
>        * Create a simple invoice template, make sure it's very easy for
>          you to invoice customers efficiently and that it's easy for them
>          to pay you: most people will pay you when you ask so make sure
>          you do so;
>        * Get a good accountant, it will cost you a few hundred quid a
>          year for the basic stuff you need to do for a small company or
>          sole trader but it's definitely worth it.
> Bruno

And if it is not already obvious, the way to get an accountant is by 
recommendation from someone you trust. Not by picking from a list.
-- 
alan cocks
Ubuntu user



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