An Etaxpol accountant helping new businesses get started

Set up a business in Tewkesbury

Launching a business is exciting. We handle company formation, registrations and your first year of accounts, so you are set up properly from day one.

Everything you need to get started

  • Business structure advice (sole trader or limited)
  • Limited company formation
  • HMRC registrations (Self Assessment, CT, PAYE)
  • VAT registration when required
  • Accounting software setup and training
  • Record-keeping systems
  • First-year accounting and tax returns
  • Ongoing support and guidance

Sole trader or limited company?

Most new businesses begin as either a sole trader or a limited company. A sole trader is simple and cheap to run but you are personally liable for the debts. A limited company is a separate legal entity with limited liability, but it comes with more paperwork and public filings.

The best choice depends on how much profit you expect, how much risk you carry, and your plans. We talk it through in a free consultation and give a straight answer.

Registrations you may need

A sole trader must register for Self Assessment. A limited company is registered at Companies House and with HMRC for Corporation Tax. If you employ people you need PAYE, and once your turnover reaches the threshold you must register for VAT. Construction businesses should also consider CIS registration. We handle them all.

Setting up your records properly

A simple system from day one saves hours later. We set up accounting software, show you what to keep, and make sure your first year of records is tidy and ready for your tax return or accounts.

Support for Polish-speaking founders

Starting a business in the UK in a second language is harder. We guide you through the process in Polish or English. Założenie firmy w UK, rejestracja self-employed czy spółka LTD: wszystko wyjaśnimy po polsku.

Sole trader or limited company?

  • Sole trader

    Simplest to set up and run. Profits are taxed personally, there is less admin, and you carry unlimited personal liability. Best for lower turnover and testing an idea.

  • Limited company

    A separate legal entity with limited liability and Corporation Tax on profits. More admin and public filing. Best for higher profits and growth plans.

Your start-up journey

01

Free consultation

We talk through your plans and advise on the best structure.

02

Company setup

We handle formation and every registration you need.

03

Systems setup

We set up your accounting software and processes.

04

Ongoing support

We are here for questions, bookkeeping and year end.

Questions

Common questions.

Should I set up as a sole trader or limited company?

It depends on expected profit, risk and plans. We talk it through in a free consultation and give you a straight answer.

What registrations do I need for a new business?

Usually HMRC registration for Self Assessment or Corporation Tax, plus PAYE if you employ people and VAT once you need it. We handle all of them.

How long does it take to set up a company?

Company formation can be quick once we have your details. HMRC registrations take a little longer. We keep you updated.

What records do I need to keep from day one?

Sales invoices, purchase receipts, bank statements and mileage if relevant. We set up a simple system so it is easy.

Do I need an accountant for a new small business?

You do not have to, but getting set up correctly saves money and stress. The first consultation is free.

Google reviews

Clients who stay for years.

Fantastic service, very reliable and knowledgable. I've been working with Etaxpol for over a decade now and never had an issue, they've all always been helpful
MikeGoogle review
Iza was very polite and professional. She explained everything well and no questions were a bother. Really recommend
JulitaGoogle review
Pełen profesjonalizm. Indywidualne podejście do klienta. Szybko i sprawnie. Gorąco polecam

Full professionalism. Individual approach to the client. Fast and efficient. Highly recommend.

Kasia FraczekGoogle review
I have worked with Iza for several years and I have always found her to be extremely reliable and professional.
Rad PurskiGoogle review
Zawsze sumiennie i profesjonalnie. Współpraca przez 10 lat i pełna satysfakcji. Moje rekomendacje.

Always conscientious and professional. Ten years of working together and fully satisfied.

Iwona RatajczakGoogle review
Lovely place, great people all friendly, nice and kind. 100% would recommend.
Karolina FelkelGoogle review
Najlepsze biuro rachunkowe jakie znam. Pełna profesjonalna obsługa 100% skuteczność. Polecam bardzo

The best accounting office I know. Fully professional service.

Marcin GiermekGoogle review
The best service. My recommendation for companies and self employed businesses. Online service and office access.
Robert JamesGoogle review
Profesjonalna i miła obsługa, szybki kontakt i jasne wyjaśnienie wszystkich kwestii związanych z księgowością. Wszystko przebiegło sprawnie, bez stresu.

Professional and pleasant service, fast contact and clear explanations. Smooth and stress free.

Adam RoguskiGoogle review
Very professional and helpful. I'm glad I found them
Adam CzajkaGoogle review

Reviews are taken from our Google Business Profile. Reviews policy

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