Note
If you’re thinking about working for yourself, setting up as a sole trader is the easiest way to get started. To help you make the jump from employment to being your own boss, we can advise on:
Tax and National Insurance implications of being a sole trader
Registering for self-assessment, and completing and filing your annual returns
Practical and legal aspects of VAT, registration and accounting systems
Business insurance
Operating as a sole trader, versus other business structure options
We offer a range of specialist financial advice for contractors and freelancers through our dedicated division SC Plus.