Tools · your own figures and researched 2026 references
Work it out before you spend a penny.
- Break-evenUse your own costs and selling price to find the whole units needed to cover fixed costs.
- Cash-flow forecastA 12-period cash plan that carries balances forward and makes shortfalls visible.
- Sole trader or company?The same profit both ways: tax, Social Security, what the company keeps — with the curve of how tax rises and stops.
- What it costsEvery official fee to start and to keep, with each choice priced — speed, staff, a provider or not.
- How much you needYour monthly costs, the months until income covers them, and the start-up fees: the money to have before you begin.
- Am I ready?Everything a journey asks you to have, ticked off — and what is still missing before you apply.
- Plan my startNine questions; your whole start, in the order it should be done.
As a sole trader£7,475 income tax£6,250 Social Security£36,275 yours
As a company£2,275 income tax£3,750 Social Security£23,975 yours£20,000 kept in the company
£7,700 less paid this year as a company — the kept money is taxed when it is paid out.
g
- Jersey£490£200 to startthen £290 a year
- Guernsey£360£100 to startthen £260 a year
- The UK£150£100 to startthen £50 a year
hgv- The Registry decidesFive business days, on the standard service
- The business licenceAbout five working days
- The data protection charge falls dueRenewed every January to February
- A bank account opensA bank: one to six months
Forming the company, compared
- Alderneythe same day
- Guernseywithin 24 hours
- The UKusually within 24 hours
- Jerseyfive business days — or two hours, for more