Tax

Discussion in 'Managing Your Business' started by Gmeister, May 23, 2012.

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  1. Gmeister

    Gmeister Grand Master
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    Hi there,

    Okay just registered my business for tax, now I gotta register for NI how do I do that, The website is quite confusing!

    What happens now, they said they be in touch within a week.
     
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  2. Iain

    Iain Guru
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    Do you mean you registered with Companies House and you're referring to corporation tax? Are you a sole trader or limited company?

    If you're a limited company you'll need to register for PAYE. This is done through they're INCREDIBLY COMPLICATED website. I gave up in the end and got an accountant!
     
  3. Gmeister

    Gmeister Grand Master
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    Sole trader, I think I done it now, but not entered any bank details, so assuming they will get in touch with me
     
  4. harunh

    harunh Legend
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    gmeister your on the same boat as me, they will get back to you eventually, you should receive an E-mail saying it takes 4-6 weeks, just keep track off all your income & expenses and after 1 year u gota pay up that tax return
     
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