Frampton & Co | Chartered Accountants

Frampton & Co Chartered Accountants
Business Start-Ups

Frampton East Sussex Chartered Accountants

Starting a business in the UK can be an exciting and rewarding venture, but it also comes with many challenges and risks. One of the most important aspects of running a successful business is managing the finances and complying with the tax laws and regulations. This is where an accountant can be a valuable partner and advisor for any entrepreneur.

At Frampton & Co, we're proud to have a business portfolio comprised almost entirely of client referals - many of which specifically contacted us via a recommendation from a business owner whom we had successfully created a company and subsequently managed the finance, bookkeeping, payroll and more.

Frampton & Co have a wealth of experience and expertise in company start-ups, assisting with:

Choosing the best legal structure for the business, such as sole trader, partnership, limited company, or limited liability partnership. Each structure has different implications for tax, liability, and reporting requirements.

Registering the business with HM Revenue and Customs (HMRC), the UK's tax authority, and setting up a payroll system if the business has employees. You must also register for VAT if the annual turnover exceeds £85,000 or is expected to do so within 30 days.

Preparing and filing annual accounts and tax returns for the business, as well as personal tax returns for you and any partners or directors. We can also advise on how to minimise the tax liability and claim any reliefs or allowances available.

Keeping accurate and up-to-date records of all the income and expenses of the business, as well as any assets and liabilities.

Dealing with any queries or investigations from HMRC, such as audits, enquiries, penalties, or disputes - Frampton & Co can act also as a representative and negotiate on your behalf if needed.

"I appointed Frampton & Co as our accountants back in 2010 when I opened up my restaurant.

From day one the service has been excellent, they helped me with the business start up process and personally guided me through all the necessary forms that needed filling in. They also spent a lot of time explaining to me which company structure would save me the most tax. To this day the service has continued to be great, and every year I still get a free business review with great tax planning advice that has saved me a fortune.

Frampton Accountants Bookkeepers Sussex 5 star Review

R Talbot Weststation Limited

Will your new business trade in the Construction Sector?

We'll support your business as it succeeds

With the support and expertise of Frampton & Co, you can save significant time and money, and reduce the stress of becoming a business owner. We provide expert guidance and support on all aspects of running a business in the UK and ensure that your new business meets its obligations and responsibilities to HMRC; we'll support you as your business grows and help you achieve financial goals by providing strategic advice and insights on financial performance, opportunities, and risks.

Going forward, we provide all the accountancy expertise your business needs as it grows, including bookkeeping, payroll, VAT returns and more; for more information, tap one of our additional services below: