Dec 18, 2025 | 2026, Current Guides, HMRC, Limited Company, Making Tax Digital, Sole Trader, Tax
For many small and medium-sized enterprises (SMEs), Making Tax Digital might feel like yet another layer of admin but with the right support, it could be your chance to simplify your bookkeeping, stay compliant, and gain better control of your finances. From April...
Jul 17, 2023 | HMRC, Information, Making Tax Digital, Partnership, Sole Trader, Tax, Vault
Archived Article NoticeThis article relates to tax reporting changes and transition rules announced at the time of publication. HMRC requirements and Making Tax Digital timelines may have changed since this article was written. HMRC is changing the way sole...
Feb 27, 2023 | HMRC, Information, Landlords, Making Tax Digital, Sole Trader, Tax, Vault
Archived Article NoticeThis article reflects Making Tax Digital for Income Tax Self Assessment timelines and HMRC guidance available at the time of publication. MTD deadlines and reporting requirements may have changed since this article was written. Making Tax...
Jul 9, 2018 | FAQ, Sole Trader, Vault
A sole trader is an individual who trades on his/her own on a self-employed basis. If you start working for yourself as a sole trader, you will own and run your business as an individual and will keep all the business’ profits after taxes. A sole trader is: liable to...
Feb 27, 2018 | FAQ, Limited Company, Partnership, Sole Trader, Vault
So you’ve decided you want to be your own boss and work for yourself. Now what? Are you going to be a Sole Trader, Partnership or Limited Company? One of the first decisions to make is how you are going to trade. You can be a sole trader, form a partnership with...
