Sole Trader Archive
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Majority of UK Businesses are Sole Traders
Posted on January 7, 2013 | No CommentsWhen starting a new business many people choose to create a limited company. There are many reasons for doing this. Forming a limited company offers some protection for your business name and a lot of suppliers and potential customers prefer it. Being registered means you... -
1 in 4 Workers are now Freelancers
Posted on November 19, 2012 | No CommentsIt seems that there is a national day for everything these days and this week we have National Freelancer’s Day. Freelancing is becoming a more and more common career route, currently about 4.2 million people in the UK freelance; 14% of the workforce. In part... -
HMRC Campaign Targets Direct Sellers
Posted on October 5, 2012 | No CommentsHM Revenue and Customs have periodic crackdowns on different industries who they believe may not be paying enough tax. Recently they have focussed on eBay sellers, electricians and hair dressers. Their newest target is on ‘direct sellers’. HMRC define direct selling as “when you sell... -
Advantages and Disadvantages of a Sole Trader
Posted on May 24, 2010 | 16 CommentsWhen thinking about opening your own business, you might well have given some consideration to becoming a sole trader. Sole trader, also known as a sole proprietor is one of the types of business available for use within the UK. It is also one of... -
Business Structure – What’s the best option?
Posted on October 10, 2009 | 3 CommentsHere at The Company Warehouse we understand the importance of knowing the legal structure of businesses and the various options available to you when starting up an enterprise. It’s important to make the right choice in order to succeed. There are many differences between the...
