Sole Trader Services

Registration of sole proprietorship in the UK

Business in the form of Sole Trader is the best solution for beginning entrepreneurs and industries that do not require complex business structures to conduct operations. Sole Trader will also work well when the nature of work does not require having a large premises or complex technical facilities. By choosing self-employment, you can open a business without unnecessary formalities. It is sufficient to have a National Insurance Number and an address in the United Kingdom. Sole Trader must be registered within a maximum of three months from the moment of starting business operations.

If you do not know where to start the Sole Trader registration process, we invite you to contact our specialists. Our accounting office helps to complete all formalities related to company registration in the UK. We prepare submissions to HMRC and ensure that required documents reach the authorities on time. Thanks to cooperation with us, self-employed persons can focus on conducting business. We will handle the rest.

Sole Trader accounting in England

Conducting Sole Trader business has many advantages. Among the most important ones should be mentioned low National Insurance contributions, a long tax settlement period, easy deduction of current costs, as well as a high tax-free allowance. It is worth adding that Sole Trader business gives the possibility of employing staff.

Both Sole Trader accounting services and handling employee matters are included in our accounting office’s offer. We know what a self-employed person needs for their company to operate efficiently. We offer help covering all formal and accounting aspects related to conducting Sole Trader business. With us, tax settlement of sole proprietorship in the UK is really simple.

Sole Trader accounting services

Although Sole Trader is the simplest form of business activity in the British Isles, self-employed persons have certain obligations. Among them should be mentioned the obligation to maintain detailed documentation of company income and expenses, annual submission of tax returns, calculation and payment of due taxes and insurance contributions, and in some cases also VAT registration and settlement.

It is worth adding that a self-employed person is liable with their entire assets for the company’s activity, therefore accounting matters should be entrusted to specialists, and attention devoted to running the business. Our clients do not have to worry about any formalities that need to be completed when establishing and conducting Sole Trader business.

Our accounting office in the UK provides the following Sole Trader services:

• Assistance in establishing a company in the UK, which includes completing registration formalities and preparing complete documentation;

• Assistance and advice regarding bookkeeping;

• Tax advice and advice covering company management in England;

• Preparation of tax and VAT settlements;

• Preparation of detailed returns for British authorities, including HMRC;

• Payroll services and performing other activities related to payments and employee settlements;

• Calculations and development of financial forecasts.

We encourage all persons who are considering establishing Sole Trader business in the United Kingdom, as well as those who conduct such business and count on professional accounting services, to contact us. In formal and accounting matters, you can always count on our support.