Self Employed
How to set up in business as a sole trader – otherwise known as becoming self-employed. What are the pros and cons, and what are your obligations as a business owner?
Key Guides
-
15 things you should know about being a sole trader
You’ll be in good company. The vast majority of the UK’s 5.8 million self-employed — 59% — are registered as sole traders. This stands to reason. Registering as a sole trader is easy and inexpensive…
-
Sole Trader Tax Calculator
Find out how much tax you pay as a sole trader – in terms of income tax and Class 2/4 NICs on your business profits.
-
Become self-employed or set up a limited company?
One of the first and most important decisions you make when you set up a new business is to decide what type of legal structure you should work under. So which business structure is best…
-
Which is best? – sole trader, limited company, partnership or LLP?
The type of structure you use will depend on a number of factors unique to the business you want to start. In this article, we look at the main structures – sole trader, limited company,…
-
5 things you must do when you become self employed
One of the main benefits of becoming self employed is the ease with which you can start up and run your new business. You can even become a sole trader (another term for self-employed) whilst…
-
How to set up in business as a partnership
If two or more people wish to go into business together and don’t want to set up a limited company, a partnership offers a simple way to get started. It is similar in many ways…