Can sole traders claim bank charges and interest as expenses?
Can sole traders claim bank fees, overdraft and loan interest as expenses? What is allowable, what is not, and how to include costs in your tax return.
ByteStart
Setting up accounts if you’re self-employed – a beginner’s guide
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.
864,000 sole traders and landlords face new MTD reporting rules from April 2026
HMRC has reminded over 864,000 sole traders and landlords that they have just two months to prepare for Making Tax Digital (MTD) for Income Tax.
The risks of setting up a partnership without an agreement
Learn why partnership agreements matter, who should have one, and the clauses that help avoid disputes and protect your business.
Income protection for sole traders – cover from £26.31 per month
If you’re a sole trader and can’t work due to illness or injury, income protection insurance can replace part of your income with monthly payments.
Compare Sole Trader Accountants – Monthly Fees & Features (2026)
On this page, we have added some links and details of sole trader accountants we have worked with for many years at ByteStart. Compare fees and features.
Pension auto enrolment: does it apply to sole traders and limited companies?
Automatic enrolment is the UK’s mandatory workplace pension system. Find out why sole traders (without employees) and many small companies are exempt.
How to switch business bank accounts if you’re a sole trader
How to switch bank accounts as a sole trader. A practical guide to moving payments, avoiding missed Direct Debits, and changing banks without disruption.
Professional indemnity insurance for sole traders: do you really need it?
Do you need Professional Indemnity Insurance as a sole trader? Learn what it covers, who it’s for, and how to get the right policy to protect your business.
Accounting deadlines every self-employed person should know
Key tax and accounting deadlines for sole traders, including Self Assessment, MTD, VAT, payments on account, and more – with tips to avoid penalties.