First client meeting ― checklists for discussion

When meeting a client who is setting up in business, there are many things which should be discussed in order to establish what progress they have made, and this includes considering the choice of business structure ― for example, being a sole trader, a partnership with a friend, spouse or relative, or starting as a company. There are compliance requirements for income tax, national insurance contributions (NIC), corporation tax, VAT, payroll and tax planning options depending on the circumstances of the client. As an aid to discussion on these matters, the following four documents can be used at client meetings as checklists