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Starting your own business - Free Online Guide

HMRC have produced a useful e-learning guide to help provide self-employed people with information on what they need to do to stay on the right track with HM Revenue and Customs (HMRC).

It breaks down into a number of sections - all detailed below - in each section it helps you go through the process step by step.

If you're thinking of starting your own business you should take a look.

The link below will pop up in a new window:

What are the benefits of working through this free online business start-up tutorial?

It will help you understand and cover the following areas:

*  What you must do when you start your own business.
*  Your legal requirement to advise various authorities.
*  The time limits you have to do this.
*  How to register your self-employment and run through this using HM Revenue & Customs (HRMC) online.
*  Introduce to you the benefits of electronic communication with HMRC and create your online account.
*  What records you need to keep.
*  What expenditure you can claim against your business receipts.
*  How to register for VAT.
*  Taking on employees.
*  Some early thoughts on planning ahead and retirement.
*  Introduce you to various websites where you can get help and access more detailed information.

Some of these subject areas sound quite scary, but don't worry, it's written in simple to understand lanaguage, plus we are always here to answer any questions you may have

Why not also check out our other business start-up guides