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Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The structure for you will depend on your personal situation and your future plans. Consider the options available.
We consider the options available to you when starting your own business. There are tax and legal implications which have a bearing on the choice you make. If you are starting, or have recently started a business in the Sutton Coldfield area we, at Haslehursts, can help you decide on an appropriate business structure.
Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The most suitable structure for you will depend on your personal situation and your future plans. The decision you make will have repercussions on the way you are taxed, your exposure to creditors and other matters.
The possible options you have are as follows:
If you are starting, or have recently started a business in the Sutton Coldfield area we, at Haslehursts, will be happy to discuss your plans and the most appropriate business structure with you. The most appropriate structure will depend on a number of factors including consideration of taxation implications, the legal entity, ownership and liability.
02 Oct 2020
The existing job support scheme, the furlough scheme, comes to an end on 31 October.
As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension.
Accountants and tax advisers you can count on
We would like to reassure our clients that we are open for business and are keen to offer help and support during these extremely challenging times.
The office will remain open during normal business hours, although in line with Government guidance we are encouraging those members of staff who can to work from home. Rest assured that for our payroll department, along with all other service lines, it is business as usual.
We are, however, trying to restrict the frequency of face-to-face meetings, for the benefit of our clients’ health and wellbeing in addition to that of our staff, families and the wider community. If we are able to assist you by phone or email then this would be the preferred method of communication.
We will keep the “News” section of our website updated with new developments and details of financial support measures as they are announced. In addition, up to date information on available support can be found at these links:
If you have any questions or concerns then please do not hesitate to get in touch with us.