A Sole trader is the simplest form of business structure and can be anything from a freelancer, micro provider or subcontractor working on their own or a one owner business employing staff, but the format is still the same and the information that needs to be submitted to HMRC is the same for anyone as a sole trader. The sole trader is the business and the business is the sole trader, so it all gets reported on a self-assessment tax return.
- Income & Expenses Report
- Self Assessment Tax Return
- Annual Review
Prices start from £22.50 per month on the OMB Small Business Plan