It Will Never Make It To Strictly
ChatterBank3 mins ago
No best answer has yet been selected by sair5412. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.What sort of business are you planning ot run. If it is simple buying stock, selliing it on ebay, making a profit then you really only need to contact the tax office and tell them you are now self employed and need to do self assessment.
You must keep books - ie what you buy, how much for and where from. You need to keep records of who you sell to etc.
Personally, I would speak to an accountant, ask hi mnwhat he will charge you. Your initial call will be free and you should get some good advice from them. Ask friends or family to recommend a good one or check your local yellow pages.