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Section TX

Tax & admin

Running a company of one means you are also its finance and compliance department. Guides cover the registrations, filings and deadlines each tax office and company registry publishes, and what insurance a solo business commonly carries.

Guides in this section

  1. TXAnnual filings for a one-person company: what ASIC, Companies House and ACRA expect each yearEvery year a one-person company in Australia, the UK, Singapore or Hong Kong owes a fixed filing to its registrar: ASIC's annual review, a UK confirmation statement plus accounts, ACRA's annual return, or Hong Kong's Form NAR1 — with fees and deadlines as published.2026-09-30
  2. TXBusiness insurance for a one-person business in Australia: public liability and professional indemnity basicsIn Australia, public liability insurance covers death, injury or property damage caused by your negligence while professional indemnity covers mistakes, neglect or breach of contract that cost a client money — and whether either is compulsory depends on your occupation, your state or territory, and whether you have employees.2026-09-30
  3. TXPaying yourself from a company of one: salary, dividends and drawings in Australia and the UKThere are three ways money leaves your own company — salary or director's fees, a dividend, or drawings you owe back — and each one creates different obligations under ATO rules in Australia and GOV.UK/HMRC rules in the UK.2026-09-30

The first guides in this section are being written and checked against their sources. Meanwhile, the assistant can answer your question now.

Questions solo founders bring here