Starting in business

Starting in Business 4

The guides and checklists in this section help you to choose whether to set up as a sole trader, partnership or company. These take into consideration legal as well as tax issues, together with planning points, FAQs and examples.

Title
A new business? Start here...
Badges of Trade: Are you trading or not? : Login or subscribe to read more...
Conditionality: Taxi, private hire vehicles and scrap licenses : Login or subscribe to read more...
How to start a company : Login or subscribe to read more...
Is it a trade, a business, or an investment activity? : Login or subscribe to read more...
New business: Company compliance checklist
New business: Company registration checklist (formation) : Login or subscribe to read more...
New business: Sole trader compliance checklist : Login or subscribe to read more...
Record-keeping & tax: What, how and until when? : Login or subscribe to read more...
Register for Self Assessment
Registering for Tax: Self-employment
Share Certificate Template
Sole trader v. limited company: Key tax & legal differences
Sole trader v. limited company: Tax differences & savings (2021/22) : Login or subscribe to read more...
Sole trader v. limited company: Tax differences & savings (2022/23) : Login or subscribe to read more...
Sole trader v. limited company: Tax differences & savings (2023/24) : Login or subscribe to read more...
Sole trader v. limited company: Tax differences & savings (2024/25) : Login or subscribe to read more...
Sole trader v. limited company: Tax differences & savings (2025/26) : Login or subscribe to read more...
Starting work 1. Self-employed or employed?
Starting work 2. Special rules for different types of earner/worker
Starting work 3. How to work out your tax if you are an employee
Starting work 4. How to work out your tax if you are self-employed
Starting Work 5. Agency or Umbrellas
Trading structures
Travel and Tax: At a glance
Use of home for business
Which trading structure is best for me? : Login or subscribe to read more...
Will I need a pension scheme?
Will I pay less tax if I trade in partnership? : Login or subscribe to read more...
Year-end top tips for OMB's 2023-24 : Login or subscribe to read more...
Year-end top tips for OMBs 2024-25 : Login or subscribe to read more...