Starting your own business

Need help starting your business?

Get some key advice about how to structure your new business and keep proper records, among many other things.

Thinking about your start-up business?

It’s a dream held by many people, but put into practice by relatively few, so if you need help starting a business in the UK, now’s the time to take action. Here’s your chance to bring your dream to reality and benefit from concepts you’ve been thinking about for some time.

But it’s not without risk. More than 80% of new business start-ups fail within the first 5 years. So if you are going to take that leap of faith, it’s a great idea to get some first-class business brains on your side. And a first-class firm of accountants with lots of experience in business start-ups is a good place to start.

At HFM we have helped many fledgling businesses gain their wings and set them on the road to long-term business success.

In short, we’ll do everything we can to support your young business. There will be times (there always are!) when you’ll need to change tack slightly, or put more emphasis on a different area of business, but if we’re on hand you’ll find it a lot easier to make the right decision.

Why not get a FREE consultation from one of our start-up business experts

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Hi, I’m Ian Marlow and I work with new clients. Let’s discuss the how we can help you start your business.

Latest blog posts

Tax Penalties

Ian Marlow

The way HMRC calculates tax penalties is about to change. The changes will initially apply to VAT and Income Tax Self Assessment (ITSA). HMRC say this is to make tax penalties 'fairer and more consistent across taxes'. When Do Tax Penalties Change?for VAT taxpayers from periods starting on or after 1 April 2022 for taxpayers...

SEISS Grants Auto-correct

Ian Marlow

Auto-correct activated From 19 June 2021 HMRC has been automatically correcting 2020/21 tax returns where the total amount of SEISS grants reported doesn’t match their records. It will then take them a while to process all of the tax returns submitted before 19 June, as some manual intervention is needed to make any adjustment of the...

Recovery Loan Scheme

Ian Marlow

A new Recovery Loan Scheme was launched 6 April 2021, to provide much needed liquidity to businesses affected by COVID lockdown measures. Under the scheme, loans of up to £10m are available. The minimum facility sizes vary, starting at £1,000 for asset and invoice finance, and £25,001 for term loans and overdrafts. The Recovery Loan Scheme...