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18 results for “sole trader”

• ARTICLE

  Sole Trader vs Limited Company: Which Is Better?

  There's no universally "better" option between sole trader vs limited company status. What matters is matching the structure to your actual profit level, liability exposure, and willingness to take on…

  
• ARTICLE

  The Best Business Bank Accounts for UK Sole Traders and SMEs

  If you're searching for the best business bank accounts for UK sole traders and SMEs, you've probably noticed the same thing a lot of small business owners run into

  
• ARTICLE

  How to Price Your Services as a Freelancer or Sole Trader

  Most new freelancer charge less than their market-rate peers — sometimes by 30-50%. The underlying logic — "lower rates win more work" — is partially true but creates persistent problems

  
• ARTICLE

  What Business Allowable Expenses Can You Claim as a Sole Trader?

  Claiming allowable expenses reduces your taxable profit, which directly reduces income tax and National Insurance. Many sole traders under-claim — either through uncertainty about what qualifies or through inadequate record-keeping.…

  
• ARTICLE

  How to Register a Business in the UK: Step-by-Step

  To register a business in the UK, you first decide on a structure, sole trader, limited company or partnership, then register accordingly. Sole traders register with HMRC for Self Assessment.

  
• ARTICLE

  How to Separate Personal and Business Finances

  It's an easy trap to fall into, particularly for sole traders. You start small, use your existing personal account for a few business transactions "just for now," and before long,…

  
• ARTICLE

  How to Claim Work-From-Home Tax Relief in the UK

  If you've searched for work-from-home tax relief expecting the familiar £6-a-week flat rate that millions of people claimed during and after the pandemic, there's an important update you need to…

  
• ARTICLE

  Current Account Switch Bonuses: Which Banks Are Paying the Most in 2026?

  When you move your current account from one bank to another using the official Current Account Switch Service (CASS), some banks will pay you a cash bonus for doing so.…

  
• ARTICLE

  Self-Assessment Tax Return Tips for the Self-Employed: Common Mistakes to Avoid

  Filling out a self-assessment tax return is one of those tasks that very few self-employed people in the UK actually enjoy, but the good news is that most of the…

  
• ARTICLE

  Fixed vs Easy-Access Savings: Which Is Right for You in 2026?

  Fixed vs Easy-access savings account types have a clear role to play, and the best savers in the UK tend to use both in combination rather than treating it as…

  
• ARTICLE

  How UK Small Businesses Can Protect Themselves Against Rising Costs in 2026

  The scale of cost increases hitting UK small businesses in 2026 is real, well-documented, and not something that can be fully offset by cutting a few subscriptions or switching energy…

  
• ARTICLE

  How to Reduce Your Tax Bill Legally in the UK

  There's a meaningful distinction between tax avoidance and tax evasion — one is legal and sensible, the other is criminal. Using allowances and reliefs that Parliament has specifically designed for…

  
• ARTICLE

  How to Separate Business and Personal Finances Properly

  Mixing personal and business finances is one of the most consistently costly habits in small business. It makes tax returns complicated and error-prone, makes business performance invisible, and — for…

  
• ARTICLE

  How to Set Up a Limited Company in the UK: What You Need to Know

  Setting up a limited company in the UK is one of the more consequential business decisions you can make. The legal separation it creates — between you personally and the…

  
• ARTICLE

  How to Register as Self-Employed in the UK: A Step-by-Step Guide

  The registration process for self-employment is genuinely straightforward - National Insurance contributions, "payments on account" that can surprise first-year self-employed people, and record-keeping that must start from day one.

  
• ARTICLE

  How the FSCS Protects Your Money (And the Limits You Need to Know)

  The Financial Services Compensation Scheme (FSCS) protects eligible deposits at UK-authorised banks, building societies, and credit unions up to £120,000 per person per banking licence

  
• ARTICLE

  Self-Employed Tax Basics: Self Assessment Explained

  Registering, allowable expenses, payments on account and the deadlines that catch people out.

  
• CATEGORY

  Business

  Money guidance for sole traders and small limited companies, from business banking to Self Assessment.