A sole trader, also known as a sole proprietor, is a self-employed individual who runs a business. This is the simplest form of business structure compared to other options, like being a limited ...

Our opinion is our own. Read more on our methodology here. Sole trader bank accounts are designed for self-employed individuals. If you work for yourself, either part-time or full-time ...

Sole traders, farmers and their spouses will have received their pre-completed tax returns in MyTax in the last week of February. The tax filing due date for these groups is 1 April. Others will ...

Switching from a sole trader to a company might not reduce your tax bill. Accounting expert Natalie Lennon explains why.

A limited company is the most popular legal structure for operating a business in the UK. Read on to find out more.

The fastest way to start a business is as a sole trader. You can start trading straight away and have three months to tell HM Revenue and Customs (HMRC) of your self-employed status before you incur a ...

The two most common options for small businesses are operating as a sole trader or setting up a limited company. Each ...

He swapped the factory production line for the freedom of being his own boss and became a sole trader. Put simply, sole traders are the only owner of their business. I'm not a great one for being ...

They are usually small in size. Hairdressers, butchers, and electricians often operate as sole traders. Sole traders keep all the profit they make for themselves. They also get to run the business ...

Whether you pass the VAT threshold or register for VAT voluntarily, we explain everything you need to know about Value Added Tax Whether or not you need to pay Value Added Tax (VAT) as a sole trader ...

Some 28% of sole traders have never applied for a mortgage because they believe they will get rejected or the process will be ...