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Setting up as a business a few questions....

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Comments

  • Savvy_Sue
    Savvy_Sue Posts: 47,845 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Are you sure sweety pie ;)
    Can you find a reference to the 3 month rule on the HMRC website? I'd sooner take their word for it than yours, honey bun.
    Signature removed for peace of mind
  • martindow
    martindow Posts: 10,712 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I don't care what the hmrc website says. :money:

    When you are in business you have 3 months to tell them you are trading.
    The problem is that HMRC decide if they are going to penalise you for late registering, not Jack. If you are starting trading why not inform the revenue straight away - what is the advantage of waiting?
  • steve1980
    steve1980 Posts: 2,334 Forumite
    Don't be scared of the tax man.

    You can tell them what you are doing, they don't boss you into anything.

    Apart from paying!
    Estate Agent, Web Designer & All Round Geek!
  • He dont like paying his utility bills either
    steve1980 wrote: »
    Apart from paying!
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