Definition of a UK Sole Trader
A UK sole trader is an individual who sets up and operates a business on their own. This business structure is quite common, primarily because of its simplicity. Essentially, the sole trader is the business. Any profit after tax is theirs, but equally, they’re personally liable for any…
From Self-Assessment Snarls to Financial Freedom: How a London Accountant Can Unlock £1,200+ in Benefits
The annual Self-Assessment period can be a source of significant stress and uncertainty for many individuals. Navigating complex tax forms, deciphering intricate deadlines, and ensuring accurate claims can be a daunting task. This often leads to lost sleep, anxiety, and…