Registration with HMRC for HGV Drivers in the UK

Getting your paperwork in order is a big part of starting your path as an HGV driver. Whether you’re setting up as a sole trader or forming a private limited company, HGV Driver Group Ltd specialises in guiding drivers across the UK through the process of registration with HMRC. This registration is essential for correctly filing your taxes and managing your National Insurance contributions.

With our in-depth knowledge and long-standing expertise in the HGV sector, we’ll help simplify the registration process, letting you focus on your driving career while laying a strong foundation for your business to stay compliant with UK tax laws.

Start Your Business With the Right Structure

Before your registration with HM Revenue and Customs, you’ll need to determine the most suitable structure of your business. You may choose to operate as a sole trader or set up an organisation account, with each option carrying unique responsibilities and tax implications.

At HGV Driver Group, we support businesses and entrepreneurs across the nation. Our team is equipped to help you sort through the details and simplify the process so you can start your business on the right track.

Registering as a Sole Trader 

Setting up as a sole trader is the simplest way to start a business. This structure allows you to work for yourself and make all your own business decisions. You can operate as a sole trader full-time or alongside other employment, making it a popular choice for those just starting a business.

Once you’ve decided that being a sole trader is right for you, you’ll need to choose a name for your business and verify what records you need to keep. Accurate record-keeping is essential once you start trading and will help you calculate profits or losses when completing your tax return.

Registering as a self-employed person is done by signing up for self-assessment and Class 2 National Insurance contributions through your business tax account. You may need to pay income tax on your profits and other applicable taxes, so being aware of all your potential tax obligations will make managing your business simple from the start. 

Registering as a Limited Company

To register as a limited company, you’ll have to appoint at least one director to manage the company, identify the shareholders or guarantors, and those with significant control (PSC) over the business. There must be at least one shareholder or guarantor, and this person can also act as the director.

You are required to draft a memorandum of association and articles of association, which outline how your company will operate. After this, register your company with Companies House and arrange how your Corporation Tax will be managed. Register using an official address and select a Standard Industrial Classification (SIC) code to describe your business activity.

Partner With Transportation & Logistics Industry Experts

Simplify every step to launching a business and partner with our industry specialists at HGV Driver Group. From company formation and HMRC registration to bookkeeping, tax planning, and 24/7 expert support, we provide everything you need to spend more time on the road and less time managing paperwork.

Make compliance and company management easy and affordable with accountancy services tailored for your long-term success in the HGV sector. Choose a trusted partner that takes the administrative burden of running your business so you can focus on expanding your reach. Here’s how we help HGV drivers:

Company Formation

Bookkeeping

Payroll

Annual Returns and Accounts

Dividend Declarations

Registered Office Services

Income Verification

Self-Assessment Returns

Company Bank Accounts

Public Liability Insurance

Quarterly VAT Returns