Tag

Sole Trader

Articles and guides for UK sole traders, featuring expert advice on the specific tax and legal obligations for persons operating under this type of business structure.

News

Nearly 300,000 sole traders face increased tax bills

The government has proposed changing the date sole traders and other small businesses report profits, which means hundreds of thousands getting bigger bills next year. Find out how the proposed tax changes affect you

Setting up a company

Forming a company: Choose your trading type

Joanne Harris of accountants Nixon Williams shows you the different options when it comes to setting up on your own and working for yourself

Employing & managing staff

What the Uber ruling means for your small business

The Supreme Court has ruled that some Uber drivers are workers and not self-employed, entitling them to statutory pay and paid holidays. What this means is that many sole traders could also now qualify paid holidays and other benefits from companies that use them

News

Prospect union calls for emergency help for excluded self-employed

Proposals to government include letting freelancers and sole traders submitting tax returns for 2019-20 be eligible for self-employed income support

News

City mayors warn of mental health pandemic among self-employed

Sadiq Khan, Andy Burnham and Steve Rotheram come together to urge chancellor to help 3m self-employed excluded from government Covid business support.

Making Tax Digital

Halt rollout of Making Tax Digital to smallest businesses, urge MPs

MPs question forcing the smallest microbusinesses to adopt expensive accounting software, say small businesses have hurt enough already

News

Why the Government’s new insolvency bill is bad news for sole traders

Anti-lockdown campaigner Simon Dolan believes the trickle-down effect of the Government’s new insolvency bill will end up hurting sole traders the most.

Tax

Small businesses call for HMRC to delay IR35 tax change

Federation of Small Businesses warns that corporates will pull plug on employing sole traders if controversial IR35 tax change goes ahead in April 2020

News

Nigel Farage would make small business his priority in government

The Brexit Party leader, whose new party would get the second-biggest share of votes in general election according to poll, says government ignores sole traders

Small Business Insurance

Here’s the key insurance cover that your small business needs

Here, we analyse the key insurance cover that you will need for your small business when you begin trading.

Business Ideas & Planning

Registering your business: sole trader or limited company? 

Here, we speak to four small business owners about the decisions they faced when registering their company and what influenced their choices.

Business Ideas & Planning

Six tips for thriving in a one-person business

In this piece, Kati McKeon shares six crucial tips to ensure your one-person business will thrive.

Partner content

Small business owners: discover alternative funding solutions to help fuel your growth

Business Technology

Why you should upgrade your tech now rather than later

To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis

Investing in a franchise

Should I buy a franchise or go solo?

Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.

Partner content

16 ways to improve your business cash flow

Read here for 16 tried and tested tips and tricks to improve potential cash flow problems