Starting a new business? Get 40% off our accountancy services for 3 months! 😀


HMRC are celebrating the success of a new scheme that makes it easier for entrepreneurs to set up a new business.

Reducing red tape for small businesses

The Streamlined Company Registration Service, which is the result of a collaboration between HMRC and Companies House, is part of the Government’s modern Industrial Strategy’s commitment to reduce administrative burdens on small businesses.

More than 200,000 new businesses have used the new service, which allows entrepreneurs registering a new business with Companies House to register for tax and HMRC’s digital services at the same time, removing the need for two registration processes and the sending of duplicate information to Companies House and HMRC.

Mel Stride MP, financial secretary to the Treasury, said that HMRC and Companies House are working hard to make business registration and tax easier.

“Reducing the administrative burden on small businesses is all part of this government’s commitment to support small business growth and cement Britain’s standing as a ‘Global Britain’,” she said.

“Previously the same information would need to be entered into a number of different platforms to register a company and register for tax, we have simplified that process.”

A formation agent can still be used to register businesses if entrepreneurs prefer to go down this route, and formation agents can continue to act for their clients.

Startup business accountancy services

Support for small businesses

Small business minister Kelly Tolhurst welcomed the service as part of the Government’s modern Industrial Strategy.

“We are making it easier for small businesses to grow and flourish by investing in modern industries, infrastructure and skills, and making it easier to access finance.

“Anyone thinking of starting a new business in 2019 should check out the huge wealth of Government advice and support available, and go for it.”

The Government’s advice on self-employment and setting up and running a business can be accessed from the business and self-employed section of their website.

HMRC says that the only other thing required to start a new business is passion, so if you’re ready to register your start-up, you can access the new one-stop registration process here.


About The Author

Liam Yapp

Marketing Executive and Part-Time Copywriter. If I'm not working on our next big marketing project, you'll probably find me outside, basking in the sun or walking the dog. Learn more about Liam.

More posts by this author
Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.