New government start-up service takes off

Date: 8 January 2019

New government start-up service takes off

More than 200,000 business owners have already used a new one-stop government service allowing start-ups to register their company and register for tax at the same time.

The Streamlined Company Registration Service was set up last year in a collaboration between HMRC and Companies House. It is intended to ease administrative burdens on new businesses.

Now, when registering a new business, companies can also register for tax and HMRC's digital services, making it easier for start-ups to fulfil all their legal obligations in one go.

The change came into effect last year; it removes the need for businesses to send duplicate information to both Companies House and HMRC.

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Mel Stride MP, financial secretary to the Treasury, said: "Reducing the administrative burden on small businesses is all part of this government's commitment to support small business growth.

"HMRC and Companies House are working hard to make business registration and tax easier. 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."

Kelly Tolhurst, small business minister, said: "British small businesses, and the entrepreneurial spirit behind them, are the backbone of the UK economy employing over 16 million people up and down the country ? 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."

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