Case Study 4
Client Requirement
The client was making the transition from an employed position to starting his own business and needed assistance with the planning of the most efficient method of operating the business. After completing this analysis, Cavisa was required to complete the documentation to form the company, register for Tax and by utilising recommended free accounting software establish a payroll and create an accounting system.
Work undertaken and Outcome
- Legally established a new corporate entity
- Dealt with HMRC regarding company formation
- Established a payroll for the business using available software
- Registered the payroll for PAYE purposes with HMRC
- Sourced an appropriate accounting package and set up general ledger