Sole Trader

Sole Trader

This is the simplest way of starting a business with very few formalities. We will advise the Inland Revenue that you are self-employed for tax and National Insurance contributions purpose. We will provide the relevant guidance booklet and notification form upon request.

You will be controlling your business and will be responsible for all management decisions.

Profits your business will make belong to you. We will maintain proper accounting records for tax and VAT purposes.