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Starting out as a Sole Trader: The ultimate guide

Thinking about leaping into the wonderful world of self-employment? Good for you! One of the first decisions you’ll need to make is whether to operate as a sole trader or limited company.

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.

Download your free guide

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.

Complete online accounting for just £29.50/month

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 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!

Invoice templates

Invoicing software and templates

Create, send and store sole trader invoices in a snap with our free invoice software. You can also download a selection of invoice templates for all business types.

Business guides

Business guides

From understanding expenses to starting a limited company, our downloadable business guides can help you.

Payment reminders

Payment reminders

If a client hasn't paid an invoice, download our late payment reminder templates and get that invoice paid fast.

How to invoice your clients

You've pitched, landed the job, delivered your work...and now it's time to get your money. But how do you do that? Luckily, help is at hand! We give you the lowdown on what your invoice should include as well as links to handy free templates and software.

Read this article

The best accounting advice

Our accredited team are on hand to help you choose the best package

We understand that it can be difficult deciding whether or not to switch accountants, but at Crunch we’ll offer you fair, unbiased advice on what’s best for you.

Find out more