Should I Be VAT Registered as a Sole Trader?

can a sole trader be VAT registered

Despite their unincorporated status, sole traders are business owners, and that means a sole trader can be tax registered. However, that doesn’t mean they have to be. Read on to find out more about whether you should be VAT registered as a sole trader. 1. Do Sole Traders Pay VAT? As a sole trader, whether … Read more

A Guide to Life Insurance for Self-Employed Workers

a guide to life insurance for the self-employed

Many self-employed people take out life insurance and critical illness cover in case they get too sick to work or they pass away and want to ensure their family have a lump sum of cash to keep a roof over their heads. In this guide I explain more more about life insurance and the products that are available.

How to Register as Self Employed with HMRC

register as self-employed

Ready to make things official and register as self-employed? Then this guide is for you! It includes the 5 steps you need to take to apply to HMRC and what happens once your application has been submitted.

What is VAT and How Does It Work?

what is vat and how does it work

This simple overview will help you understand VAT, registration thresholds, different VAT schemes and the impact of Making Tax Digital for UK small business owners.