It’s an exciting time setting up in business and making the decision to start out on your own and look at trading as a sole trader. There are many reasons you came to this exciting decision – choosing your own working hours, better work/life balance and making your own decisions to name a few. However, there are a few things to consider before you get the ball rolling and our guide to sole trader accounts will help you with the process.
Whether you are in the initial stages of thinking of a business idea or ready to make the first step in trading as a sole trader, this quick guide will help you along the path to your new business venture.
Our guide to sole trader accounts features:-
- Personal or business bank account?
- Sole trader taxes
- National Insurance contributions
- Should you be thinking about VAT and at which rate?
- Self employed tax returns
- Claiming business expenses
- 5 key tips for sole trader accounts
Read our guide below to set you and your business venture off on the right track.
If you need any further information, don’t hesitate to get in touch for an informal discussion on what best suits you and your new business. Call 01244 400315 or email [email protected].