Whatever your aspirations, we would be delighted to help with your start-up

We have many years experience in assisting clients setting up new businesses. Minimising tax is a primary consideration for start-ups, as is the image clients wish to present to their customers. Early discussions with new clients tend to focus the following:

• Whether to trade as a company or a sole trader/ partnership. Companies are the preferred route at the moment, as the year on year tax savings more than cover the higher administration expenses.
• Trading through an LLP is also a consideration, although it is less popular in the current tax environment. Historically, LLPs have been attractive due to their flexible ownership structure.
• Whether to register voluntarily for VAT - to appear larger to your customers and to take advantage of savings available through the flat rate scheme.
• PAYE registration and paying yourself a salary. This is not a tax efficient route in the current environment, especially as the Government plans to abolish the state pension rule requiring a minimum number of years paying National Insurance. From 5 April 2011, we recommend you draw a salary of £7,020, with remaining profits being subject to corporation tax and then drawn from the business by way of dividends.

Why choose Haggards Crowther to work with your start up:

• We provide support to hundreds of small businesses and start-ups.
• We offer flexibility of approach: Either pay a very minimum to get up and running and then come to us when you need advice, or sign up for bookkeeping services.
• Our commercial experience means we have seen start-ups from your perspective. Our advice will be valuable and to the point. Haggards Crowther is about far more than number crunching.
• Most start-ups are done on a tight budget, making solid financial control essential. You will need to know where you are financially so the right representations can be made to your bank manager and your investors. We will help you to provide the financial information required efficiently and effectively.
• We will build a business relationship with you to become one of your most valued suppliers.
• Given the weight of experience available, we are not expensive. Our standard bookkeeping packages start at about £250 per month, or £12 per working day.

Choose the services you want:

• Tax planning
• Bookkeeping and data input
• Preparation and submission of VAT Returns
• Management accounts
• Company Secretarial services
• A quarterly review meeting
• Preparation of annual accounts (Year 2 onwards)
• Preparation of annual tax computation (Year 2 onwards)
• Payroll registration and PAYE registration
• Ongoing adhoc advice
• Incorporation
• VAT registration
• What accounting software to use
• Liaison with regulatory authorities