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.
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 own business.
How to register as self employed – the key steps
The simplest way to start a business in the UK is to become self employed. This is also commonly referred to as becoming a sole trader. Here are the steps you must take to if…
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…
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,…
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…
What is a sole trader?
If you’re new to self-employment, setting up as a sole trader is the easiest way to go. The registration process is simple, there’s almost no paperwork involved, and you don’t have to pay any registration…
Limited company or sole trader – which is best for me?
One of the first tasks you will have when starting up your business will be to decide whether to set up a new limited company, or become self-employed. If you choose to go self employed,…