Onyx have partnered with Recruitment Boutique to offer accountancy and business advisory services to Automotive Sub-Contractors.

Who Are Recruitment Boutique?

Developed from the industry for the industry, Recruitment Boutique have over 35 years automotive industry experience making them the go to recruiter for those looking to hire within this industry, and those looking for a fresh start in a new role. 

Recruitment Boutique we both listen and advise, based on our own extensive experience within the retail automotive sector and have an excellent track record for placing the right candidate with the right job. 

Onyx Accountants are Recruitment Boutique’s preferred partner to offer the best advice and guidance to indivi duals when becoming Sub-Contractors.

We are able to advise on the most tax efficient way for you and your business to progress within this industry.

Benefits of a Sole Trader

Setting up as a sole trader holds a great benefit to those earning up to circa of £45,000.

  • Be Your Own Boss
  • Ownership Of Profits
  • Setting Up Is Simple
  • Less Admin Involved
  • You Can Easily Change Your Business Structure Later On

For more information on the above advantages please take a look at our recent article here 

Are You Thinking About Setting Up As A Sole Trader But Do Not Know Where to Start?

Setting up a company can be confusing. Here at Onyx we will make sure you are set up in the correct format and handle all of the initial paperwork.

This can include:

– Registration with HMRC
 – Ensure Self-Assessement tax return is submitted on time
– Keeping you up to date with savings to be made on the current tax rates and allowances
– Assistance with VAT registration when applicable

Benefits of going Limited

Setting up as a Limited Company will hold a greater benefit than being a Sole Trader when earning over £50,000. There are a range of benefits that come with going ‘Ltd’ that you can take advantage of including:

  • Tax Incentives
  • Limited liability
  • Increased credibility and brand protection
  • Pensions
  • Raising new capital

For more information on the above advantages please take a look at our recent article here 

Are You Thinking About Setting Up A Limited Company But Do Not Know Where to Start?

Setting up a company can be confusing. Here at Onyx we will make sure you are set up in the correct format and handle all of the initial paperwork.

This can include:

– Selecting the company name.
– The appointment of directors and the allocation of shares.
– Prepare minutes of initial directors meetings held.
– Advise on how shares are issued to you and other shareholders.
– Write up the company’s share register.
– Provide you with the Certificate of Incorporation.
– Register the company and file all the necessary documents at Companies House, should any changes be needed at short notice.
– Advice regarding any changes in the business and notifying Companies House, where required.

Contact us now for a free no obligation consultation