Sole Traders

In this note and in the pages listed on the right we set out how the UK tax system might affect you and list those areas in which we can provide help, support and advice to you as someone in business on your own account (or considering setting up in business) and if you are not in partnership with anyone else. There are separate notes in this website for individual private clients, those in partnership and for limited companies.

This section deals with those individuals who are resident and ordinarily resident in the UK for tax purposes.

Any special approvals or licences that may be required for a specific business are beyond the scope of this note but we can assist with a variety of matters as required, or can refer you to other experts if necessary.

It should be borne in mind that any person can be trading as a sole trader and can be in partnership in another business and be employed in another at the same time. In such circumstances we can advise on the interaction between them.