Register your new business with HM Revenue and Customs (HMRC) and create your HMRC online account at the same time.
You can register for:
- Self Assessment if you’re a new sole trader or the ‘nominated partner’ in a new self-employed partnership
- Corporation Tax if you’ve set up a new limited company
- PAYE for employers if you’re taking on staff
- VAT as a new business
You can’t use this service if you’re setting up a limited liability partnership or you’re not the ‘nominated partner’ in a self-employed partnership. There are also a few other situations when you must register in a different way.