Running your business from home might be the best option for you if you become self-employed. Using your home as a workplace could enable you to get your new business up and running without the added challenge of looking for, and then either renting or buying business property.
Working from home: factors to consider
If you are planning to set up and run a business from your home, there are a number of things you need to take into consideration before you begin.
Working from home can affect your mortgage, your home insurance, your tax situation, other people living in your house and even your neighbours.
This guide explains the advantages and disadvantages of working from home and helps you turn the place you live in into a place of work.
Structure your business
Name your business
Register your business
Choose your premises
- How to employ staff for the first time
- National Minimum Wage and National Living Wage rates
- Carry out pre-employment checks
- Ensure your workers are eligible to work in the UK
- Get employers' liability insurance
- Issue a written statement of employment
- Set up your payroll and register for PAYE with HMRC