If you are setting up a new business, this is the time to set up good tax and accounting systems. Every registered business is obliged to keep proper books and records, and based on these they must prepare their accounts and tax returns. It is important to develop a system which records all transactions accurately and regularly throughout the year. A good accounting system will save you time and money in the long run. We can develop an accounting system for your business, improve the existing system, or manage it all on your behalf.
The type of business you set up is equally important. Choosing to operate as an Individual Sole Traders, Consultants, Contractors, Tradesmen, Partnership or Limited Business can make a huge difference to your costs and to what you can do with your business.