Sole traders, farmers and their spouses will have received their pre-completed tax returns in MyTax in the last week of ...

Switching from a sole trader to a company might not reduce your tax bill. Accounting expert Natalie Lennon explains why.

This guide explains what it means to be a sole trader and covers its tax implications, pros, and cons. As a sole trader, you'll pay income tax on your business profits after deducting allowable ...

If you’re a sole trader who is married or in a civil partnership and your income is less than £12,570 a year (ie the standard ...

This can be particularly useful when filing your self-assessment tax return. show more If you’re a sole trader, you can manage your business’s finances through your personal bank account ...

It’s easy to start this process: you simply have to tell them you are paying tax through self assessment. You can find the self assessment form to register as a sole trader from here. What’s more, ...