If you’re thinking about working for yourself, setting up as a sole trader is the easiest way to get started. You have complete control over your finances, you don’t have to register with Companies House, and you’re taxed through self-assessment, rather than having to produce audited accounts. At the same time, you’re responsible for ensuring your returns and payments reach HMRC on time. To help you make the jump from employment to being your own boss, we’re here to:

  • Talk you through the tax and National Insurance implications of being a sole trader, help you register for self-assessment, and complete and file your annual returns for you
  • Explain the practical and legal aspects of VAT, advise on whether you need to register, and if appropriate, help you put your VAT accounting systems in place
  • Advise on and help you obtain competitive rates for business insurance
  • Discuss your legal status as a sole trader, and the other business structure options open to you now, and in the future