smallbusiness.co.uk: Helping your business think big

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Q: What forms do I need to complete to start a small business from home?

Jun 15 2006

Answered by: Philip Wilkinson Ask a question

If you claim to be self-employed, and intend to make your own tax and National Insurance arrangements, – you should download leaflet IR56 on employment status for tax and NICs from the HM Revenue and Customs website at www.hmrc.gov.uk. This will provide guidance on the necessary steps you need to take to establish your employment status. As an alternative you can call your local HM Revenue and Customs office.

If you are planning on using your home as a workplace, there are a number of considerations to be made such as how this may impact on your mortgage, home insurance, tax situation, local authority regulations and even your neighbours. Visit www.businesslink4london.com for a comprehensive guide to setting up a business at home.

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