| Hi Will
I carnt help with specific UK laws but in general you should try and undertake the following steps.
1. Business Registration - At least make sure that your business is registered, that is the name you have chosen is registered as a business with the relevant authority.
2. Trademark - Probably now necasary just yet but you want to try and protect your business identity by registering your business name and/or logo as a trademark.
3. Tax - All businesses should pay tax i would think, I dont know that the laws would limit you to not haveing to pay tax due to your age, at least find out from the local tax agent or authority(your parents should be able to help you with finding who this is). At least make sure you ask what is needed and where you can find more information about this. You should be able to just cover most everything by having a personal tax number and submitting taxes like your parents at the end of each year. |