While limited companies offer more protection and are generally more tax efficient, the low running costs and limited admin work of the sole trader structure means it’s often preferred by those just starting out.
If you want to know more about what it means to be a sole trader, our jargon-free guide will set you up with all the basic knowledge you need to hit the ground running. Best of all, it won’t cost you a penny.
Topics covered include:
- Pros and cons of being a sole trader
- Registering as a sole trader
- Paying tax and registering for VAT
- Getting paid and claiming expenses
- Getting yourself insured
- Organising your accounts
Ready to learn more? Download your free guide today.
If you decide to go down the sole trader route, we can help with your accounts for as little as £29.50+VAT per month.
Along with fantastic online accounting software to take care of all your expenses and invoices, you’ll get your own Client Manager and unlimited access to our accredited accountants. All for less than the average mobile phone bill!
Interested? Find out more!