company name registered...now what?

[luke_robinson]

Hi Guys,

I have registered my company name last week with companies house, now what do I need to do?

do I need to contact hmrc?

Many thanks for advise

Cheers
Luke

 

HMRC will contact you anyway by sending a letter to your registered office address and setting out when you need to notify them about what.

The letter will also give you the company's UTR (Unique Tax-payer Reference) number.

If you want to be VAT registered and also have employees who you are paying now, then you may as well go online and get registered now (for VAT and PAYE).

It's all straightforward enough just remember your user ID and password as it takes ages to get replacements iirc.

 

[luke_robinson]

thanks for this....was a little worried as don't want to face fines etc

 

[Adauxi]

You have 3 months from when the company becomes active to inform HMRC.

You need a registered office - where the statutory records can be inspected.

VAT registration is optional below the VAT threshold of £79k - for some businesses it makes sense not to register until you have to - such as retailers who cannot pass the VAT on to their customers.

 

[TODonnell]

We offer Registered Office and Mail Forwarding services for people who don't want to use their home address for company formations. See my signature below ...