UK Setting up a new accountancy practice

[davidyates]

Hi

I'm setting up a small accountancy practice specialising in accounting services for small companies with a turnover of less than 1 million pounds. The usual services including tax returns, year end accounts, VAT, payroll and bookkeeping.

Has anyone been through this and if so could you give me a quick tick list to ensure I have covered off everything I need from a regulatory point of view. Things such as consumer credit license, anti money launderIng regs, pi insurance and possibly data protection act. Also, as I haven't had to do this before some guidance on setting them up would be much appreciated. For example I thing anti money laundering can be sorted out through a governing body or directly through HMRC?

Many thanks

 

[Truemanbrown]

Quick question:-

1, You will need to register with
with regards to data protection;

2,If you are a member of an accountancy body then you sould be coveredfor theanti money regulations. Otherwise make sure you register with HMRC.

 

[BlueEyedDigitalDotCom]

Hi,

We've been recently working with an accountancy practice on a re-brand, complete with a new website, social media and e-marketing. We have a good understanding of the market.

Is there any way we can help?

Good luck with your new practice.

BlueEyed Digital