Congratulations, you’re on the first step of a very exciting journey!
By the time you speak to KFS Accountants you will probably have researched your business idea and written your business plan, chosen your business name and are ready to decide on your legal structure.

Starting out on your own can be a nerve-wracking time. If going into business on your own a sole trader option is a great way to start, if going into business with one or more people, a partnership may be a better option for you.

The latter does need some thought and it is worth chatting to the team at KFS Accountants to ensure your partnership agreement contains the correct income percentage splits.

Knowing which expenses you can claim for and which you definitely can’t, is vital to ensure you don’t have a nasty tax bill at the end of the year. The friendly team at KFS Accountants are always happy to advise and answer questions.

We use cookies to improve your experience. By continuing to use our site you agree to our use of cookies.