2.4 Accounting

2.4 – Accounting
You are free to choose your own accountant to look after your tax affairs. The Football Fun Factory has a recommended accountant that offers their services at a flat rate, as outlined in the ‘Community Performance Tool’.

2.4.1 – PAYE
If you decide to pay yourself via the PAYE scheme, your accountant can take care of this process for you. Our recommended accountant offers this service and it is included within their fees which are outlined in the Community Performance Tool.

2.4.2 – Tax and National Insurance
As a business owner, you will be responsible for your own Tax and National Insurance contributions.

2.4.3 – VAT
If your business exceeds the VAT threshold you will need to register for VAT. If and when your business turnover is nearing this level of turnover, you are advised to have a conversation with your Lead Head Coach to discuss your options.

2.4.4 – Help and Support
The process of setting up your business can be a daunting task, which is why we offer help and support in various ways. The documentation provided, coupled with the support of the FFF Head Office team will help guide you through the process and make informed decisions throughout the process.