Organising the finances of your business can be a daunting proposition, but it shouldn't be. If you are self employed, either a Sole Trader or a Limited Company, you have certain accounting & tax responsibilities. This section aims to provide at least some of the basic information which you may need to know to get started.
We would advise you that the NRPT cannot give formal advice on the subject of finances and so we have included details of a recommended company to do just that (which can be found at the bottom of the Basic Principles section). The initial meeting is free of charge and they can provide you with a tax pack which is also free of charge.
We do recognise that some of you may have an extensive business background
and so may not need this advice, but many of you won't and this is aimed at
giving you a warm start. It may appear to be stating the obvious, but not to
everyone. But do please let us know if you have any further ideas or
suggestions for this kind of content. Happy reading!
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