Choosing the right business structure is one of the most important decisions you’ll make when starting or growing your business. The structure you select affects your tax obligations, personal liability, paperwork requirements, and how you take money out of your…
What is a Sole Trader? A sole trader is the simplest business structure available in the UK. When you register as a sole trader, you work for yourself and run your own business as an individual. You make all the…
Starting your own business as a sole trader is one of the most accessible ways to become self-employed in the UK. This guide explains everything you need to know about becoming a sole trader, from registration to tax responsibilities, accounting…
