1 minute read
1 minute read
Do I need to set up a Sole Trader bank account?
It's not a legal requirement to have a separate bank account from your personal banking,...
1 minute read
Do Sole Traders need to have an accountant?
While bookkeeping is about your financial records and ensuring you have a record of all...
1 minute read
Do I have to renew the Sole Trader service?
The basic sole trader package is a one off fee There is a renewal charge of £4999 for...
1 minute read
What is Capital Gains Tax and how does it work?
Capital Gains Tax is what you pay on the profit from selling an asset So, if you bought a...
1 minute read
Can I use any name to register my Sole Trader business?
When you register your sole trader business at HMRC you register your own name (this...
2 minute read
Can I start trading immediately as a Sole Trader?
You do not have to register as a Sole Trader until the 5th of October in your business'...
1 minute read
Can I register my sole trader business directly with HMRC?
Yes, you can register your business directly with HMRC free of...
1 minute read
Can a bankrupt person become a sole trader?
If you were sole trading prior to bankruptcy, you may require permission from the courts...
1 minute read
