Business Format
Business Format
You will have chosen your business format prior to your initial training after discussion with your accountant or solicitor.
Your three options are Limited Company, Sole Trader, or Partnership. Please ensure you business is set up as your name T/A Kalma ….. (area).
You should also have set up your bank account, registered for VAT (if required, though without VAT registration you are unable to claim the VAT paid for the franchise) and informed your local tax office and job centre (if applicable).
If you have any further questions with regard to your business format, what you need to do, or whom you need to notify please contact Head Office or speak to your accountant or solicitor.
One of the great advantages of Self Employment is that you normally pay less tax than employed people do. Please discuss your options with your accountant. It is your responsibility to make sure you comply with all business and employment legalities.