Sole Traders

Being a sole trader will entail you having to register as self-employed with HMRC. You are responsible for paying your own tax and national insurance contributions.

In the eyes of HMRC there is no difference between your personal or business affairs. This is a very important point and should be considered when making a decision as to whether to trade as a sole trader or look at other business structures.

Sole Traders are generally individuals in the trade sector for example plumbers, builders and electricians. However people such as taxi drivers, florists and sales representatives tend to also choose this route.

If you are new to the idea of working for yourself and want to find out more, speak to an adviser who will happily discuss your business with you.

Our Sole Trader Package includes:

• Unlimited help & support from a one point of contact accountant
• Business set up advice
• Registration of all required taxes e.g VAT, PAYE, self assessment if applicable
• Completion and submission of your self assessment tax return
• Authorised to deal with HMRC on your behalf
• Help with tax investigations

Call us on: 0800 112 3667 or email: info@accrida.com for more information.