Get your business up and running

An online resource offering practical advice and information for business start-ups has been launched by the government.


An online resource offering practical advice and information for business start-ups has been launched by the government.

An online resource offering practical advice and information for business start-ups has been launched by the government.

The “Starting up in business” section provides information on what needs to be done when setting up, including registering with the Inland Revenue, Companies House and the Information Commissioner if necessary.

There are also “one-stop” guides on the rules affecting a new business and laws on employing staff as well as information on notification requirements for certain types of premises and trading.

The issue of tax is also covered, comprising income tax and self-assessment, corporation tax, VAT and capital gains tax as well as National Insurance contributions. However, to balance this out a little, the range of tax credits, allowances and reliefs available to individuals and organisations are also provided.

Within the “Planning your business” area, advice is offered on writing a business plan, whether to set up as a company, partnership or sole trader, franchises, protecting your ideas and the internet.

Checklists are available so start-ups can tick off the steps they need to take and a variety of links are available to other resources for more specific information.

The “Starting up in business” section can be found at www.ukonline.gov.uk under “Your Life”.

(4/11/02)

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