We at J. D. Jones & Co appreciate that setting up your own business is a huge commitment both financially and physically and will probably be one of the most stressful times you will experience. Below are areas that we can assist you in. If you are considering becoming self-employed please see our 'Are you ready for self-employment?' part of this website.
Services
We are a family based business begun by John Donald Jones in 1974 on returning from Zimbabwe (South Africa) with a family of six children. Don Jones was born at Carregwen Farm, Bwlchygroes, Cardigan in 1925 and emigrated to South Africa with his new wife, Audrey June Jones, in 1957 where he had a school teaching position.
If you are going into business as a sole trader or partnership you must inform the Revenue within 3 months or you will incur a 100 penalty. You can do this by calling their helpline for the newly self-employed (0845 915 4515) or complete Form CWF1. If you have set up your own limited company the Revenue will already know about you and send Form CT41G, which must be returned within 3 months once the company has started trading.
The scheme sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry and certain other businesses. Under the scheme, all payments made from contractors to subcontractors must take account of the subcontractor's tax status as determined by HM Revenue & Customs.
VAT is a tax that's charged on most goods and services that VAT-registered businesses provide in the UK. It's also charged on goods and some services that are imported from countries outside the European Union (EU), and brought into the UK from other EU countries. VAT is charged when a VAT-registered business sells to either another business or to a non-business customer.
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Ruth Coombs
Oct 04, 2018
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