How to Register with HMRC – The Stress-Free Guide

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National Insurance Number

You’re definitely going to need your national insurance number when you start a business. This shows you are a British citizen, and that you’re eligible to work here legally. It gives you legitimacy as a company owner and keeps everything above board. So, make sure you locate or find out your NI number before you come to register the company. If you don’t have it to hand and can’t remember it, then you’re not going to be able to progress with the registration. If you’ve lost it, you can talk to an HMRC adviser online to locate it again:

https://www.gov.uk/lost-national-insurance-number

What if You Want to Set up a Limited Company?

You might decide you want to register as a limited company rather than as a sole trader. And this is a little more complicated. There are many advantages to setting up a limited company over being a sole trader. Namely, there are tax benefits and limited liability. But, you need to remember that you’ll have to appoint directors of the company, and register with Companies House. These are legal requirements you’ll need to adhere to. So, make sure you research the process beforehand to get it right. Our huge guide to registering as a limited company is coming on Sunday – so keep your eyes peeled for that one!

We hope this guide makes how to register with HMRC a little clearer – and stress-free. Luckily, the government website is pretty helpful when it comes to this sort of thing so you never have to feel as though you’re in the dark. Follow the steps and you’ll be registered in no time! Which means you can start paying tax (yay).

Top Tip: Keep an eye out in the post for your unique identifier and password. You will have to confirm these codes within 21 days of receiving them, so don’t leave it until the last minute.

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