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Post Info TOPIC: Part Time Bookeeping?
Ellie


Newbie

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Part Time Bookeeping?
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Hello,
I am wondering if someone might be able to give me some pointers on starting up a part time bookeeping business?
Some  Specific questions I have are:

Do I actualy need to set up a company to do it?
If you are fully qualified accountant, would it affect this status in any way?

Are there any other areas that I might need to be aware of?

Thanks

E

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Accountsguy


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Hi Ellie,

You do not need to set up a limited company in order to trade, although you may choose to trade using one for tax reasons. Most book-keepers set up as a soletrader and transfer to a limited company when their profits increase.

If you are a fully qualified accountant you should be well placed to offfer a book-keeping service. You may need a practicing certificate depending on the type of service you will be offering. If its just book-keeping up to TB you'll be fine without one. If you want to offer tax returns you will need to obatin one from your institute.

Hope this helps?

All the best.

Guy

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