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I should also point out that I havent actually had any customers yet or earned any money. I have just started in the last few days putting things together by buying business insurance and making a facebook page etc.
When I register with HMRC as self employed (sole trader), what do I need to put in as my start date? I'm a bit confused.
The day I purchased my business insurance?
The day I created my Facebook business page, or the date I considered myself actually starting to trade/using the page as an advertisment?
Or do I choose the day I consider myself to have started my business?
I am looking to start up my own business as a self employed sole trader. I was wondering which step I need to take first.
Do I register with HMRC (self employed/sole trader) and wait for registration to come back, and then get my business insurance, set up website/social media, look for clients etc?
Or, do I get my business insurance first, set up my website/social media etc, start looking for clients and then register with HMRC when I start working and earning money?
Does it matter to HMRC which order i do things in?