We help new businesses every week, from a first side hustle to a new limited company. We'll help you choose the right structure, register with HMRC and set up simple systems, so you can focus on getting customers.
It's the first big decision, and it affects how much tax you pay and how you take money out. We'll compare both options using your own numbers before you decide.
Choosing your business structure
Registering as self-employed or setting up your limited company
Registering for VAT and PAYE, if you need to
Setting up bookkeeping software from the start
Business plans and cash flow forecasts
Startup advice even before you need a full accountant
You need to tell HMRC by 5 October after the end of the tax year in which you started trading.
You register with Companies House, choose your directors and shareholders, and then register for corporation tax. We can do it all for you.
A sole trader is simpler and cheaper to run. A limited company separates you from the business and can be more tax-efficient as profits grow. We'll compare both using your own numbers before you decide.
Only if your taxable turnover goes over £90,000 in any rolling twelve months, or you expect it to in the next 30 days. You can register voluntarily before then if it helps your business.
A limited company needs one, because the company's money is separate from yours. Sole traders don't legally need one, but a separate account makes bookkeeping much easier.
Friendly, very knowledgeable and so helpful. They take the hassle completely out of accounts and book keeping. We are a small business and it’s made such a difference to our peace of mind. Would not hesitate to recommend
Having had issues with accountants this year, I recently made the change over to work with West Yorkshire Accountancy, and what a decision I made! They’ve been nothing but helpful throughout the months they’ve handled my finances, I’d recommend these guys to anybody who’s serious about their finances.
Absolutely World class service, been using WYAS for years now, they always go and above beyond for their clients. Best firm in Huddersfield by a long way.
Book a free consultation, or email us at admin@wyas.co.uk.