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Yes, in the UK, after incorporating a limited company with Companies House, you must also register it with HMRC for Corporation Tax within 3 months of starting business activities. Additionally, depending on your operations, you may need to register for VAT, PAYE, or other relevant taxes. Timely registration and compliance are essential to avoid penalties.

In the UK, running a limited company involves costs such as Companies House annual filing fees, Corporation Tax, potential VAT registrations and returns, payroll for employees, professional fees (e.g., accountants, solicitors), insurances, office expenses, and other operational costs. The specific amount varies based on the company's size, industry, and how it's managed. Proper planning can help in optimising and managing these expenses.

Once a limited company is registered with the relevant authority (e.g., Companies House in the UK) and has all necessary permits/licenses for its business activity, it can start trading immediately. Ensuring compliance with tax and regulatory requirements before commencing operations.

In the UK, you don't necessarily need an accountant for capital gains tax. However, calculating capital gains, identifying allowable expenses, and leveraging available reliefs can be complex. An accountant can ensure accurate calculations, maximise reliefs, and help avoid potential penalties. For complex transactions or significant sums, hiring an accountant is often beneficial to navigate the intricacies and ensure compliance.