Hello NewcoYour company's first year, in six parts
Watch them in order or jump to the part you need. Each page has the key points, the deadlines and links to the official guidance.
- 01Setting up
Your first 90 days
The jobs to tick off in your company's first three months, from the bank account to your first deadlines.
Read part 1 → - 02Your own pay
Paying yourself properly
Salary through payroll, dividends with the right paperwork, director's loans and when you need Self Assessment.
Read part 2 → - 03Company tax
Corporation Tax: what your company pays
Tax on profit, not turnover. The rates, when to pay and file, long first years and late-filing penalties.
Read part 3 → - 04Company tax
What you can put through the company
The “wholly and exclusively” test, what usually counts, 55p a mile and the catches to watch for.
Read part 4 → - 05Company tax
VAT: when you have to register
The £90,000 threshold, the two tests, 30 days to register, registering late and whether to register voluntarily.
Read part 5 → - 06Personal risk
Where limited liability stops
Personal guarantees, your duties as a director, wrongful trading when money's tight and disqualification.
Read part 6 →