Company

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You must set up the company with Companies House and let HM Revenue & Customs (HMRC) know when the company starts business activities.

Every financial year, the company must:

put together statutory accounts send Companies House an annual return send HMRC a Company Tax Return The company must register for VAT if you expect its takings to be more than £77,000 a year.

If you’re a director of a limited company, you must:

fill in a Self Assessment tax return every year pay tax and National Insurance through the PAYE system if the company pays you a salary

other