Setting up a business - check list?

Started by Novalee, September 25, 2016, 06:56:38 PM

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Novalee

So, I've done balloons for friends etc but more and more people are asking me to do parties and so on.

I'm happy to do that, but I know I'll need at the very least, public liability insurance?

What else do I need to consider - how does this casual type of business work with regards to taxes etc?

TIA

Graham Lee

#1
I would chat to an accountant to double check but all profit is taxable over a certain income.

Have you tried the search button for other threads on this subject?

I think there was a topic of the month discussion a while back.
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