sole-trader

  1. P

    Going back to Sole Trader? Companies House removing abridged accounts

    2 days ago a date was announced: https://changestoukcompanylaw.campaign.gov.uk/changes-to-accounts/ Due to these upcoming changes we will no longer be able to file abridged/filleted accounts for micro-entities (or any other), resulting in zero financial privacy This is not a problem for...
  2. 1

    I want to do work unrelated to my business during the 'low season'

    I run a party entertainment (disco, chocolate fountain, cinema projector etc) and mobile Food Trailer business registered under GT Parties as a sole trader. I'm Very new to the self employment world, my trailers opening night is 14/02/25, but everything for my business has been done properly and...
  3. A simple guide to registering as a sole trader

    A simple guide to registering as a sole trader

    Starting your own business is an exciting venture, symbolising a step towards independence and the realisation of personal goals. For those in the UK taking their first steps into the business world, registering as a sole trader is a straightforward process, but one that requires attention to...
    • Ozzy
    • Article
    • sole trader sole-trader startups
    • Category: Starting Up
  4. V

    Sole-trader expenses claim confusion. Help!

    Hi, I am a sole trader and working as a full time employee too. I would like to know about claiming expenses. below are the expenses claim I see from the UK gov website "Office, property and equipment Car, van and travel expenses Clothing expenses Staff expenses Reselling goods Legal and...
  5. C

    Sole-trader billing customer VAT unregistered

    Good day, This is more of a sanity check so please bear with me. I am a sole trader and VAT unregistered with no chance of exceeding the threshold any time soon. I am importing goods on DDP incoterms from china into the UK to my storage. At this point, my supplier will have paid all customs...
  6. NavidSemi

    How to Register a Startup Company as a Sole Trader and Trademark in the UK

    Hello everybody, we have developed an online delivery service for food and groceries catering to a special community in the UK. We are now trying to register our startup company as a sole trader and also register our trademark. As we are new to this process, we would appreciate any assistance on...
  7. YorkshireYoda

    Sole Trader - VAT reg? brain boggled

    I keep going around in circles trying to workout the best route and my mind is spinning a little now. The context is my wife (who is currently PAYE) is setting up her own independent community nurse practitioner service. So private nursing services paid by the customer and also (hopefully)...
  8. S

    Football Logo’s

    Hi, I’m new to this forum so hope I’m in the right place. I have a small printing business & recently created 9 football stickers & 3 decals using football club logos. In hindsight I believe I have broken the law (trademark infringement) & I’m concerned about the consequences. The customer has a...
  9. E

    Sole Trader and business loan

    Hi My partner started up a hire business as a sole trader. She have taken a £45k loan out. She is paying it back monthly The income she get from hiring, do you pay tax on the whole lot or just the income left after paying the loan back? Thanks Elliott
  10. S

    I bought a new phone. Traded-in an old phone. Sold the new phone. Cashback taxable?

    Hello, I am a very small sole-trader making £3k or £4k a year selling on e-bay. I am trying to work out my income for this year, but have a few sticking points. Could anybody advise please? I bought a couple of new phones and then sold them. As part of the deal when buying these phones it...
  11. AngelinaKedge

    Sole trader with different names

    As a sole trader with one business, can you have 2 trading names? eg. I ran a life coaching business offering life coaching with the business name Inspirational Life Coaching. If I wrote a book and self-published it could this part of my business be called Inspirational Publishing? Would I have...
  12. H

    How to switch from director to sole trader?

    I have been teaching Yoga and charging clients as a limited company of which I'm half shareholder and director for 6 years. I would like to switch to sole trader. What are the steps involved? 1. my company has a business bank account 2. I have been filing self-assessment with HMRC every year...
  13. I

    Transferring inventory to Ltd company

    Hi all ,I’m hoping for a bit of advice about transferring inventory. I switched from sole trader to Ltd company last year(big mistake which I’m now learning) and had approx £1500 in inventory left in to transfer to my LTd company. Does this go down as capital gains on my sole trader tax return...
  14. J

    Dissolved via compulsory strike-off action but still trading?

    Hi there, I've been looking to employ some tradespeople to carry out work and have come across a company that seems to be able to do this, but after some DD I noticed on companies house the filing history for said limited company says it was dissolved via compulsory strike-off action back in...
  15. P

    Any Recommendations for R&D Chinese based suppliers/manufacturers

    Me and a couple friends have been working on a new product idea for the last 6 months. We have found a couple of suppliers but were worried about IP protection (designs and molds/tooling). The plan is for our shortlisted suppliers to sign a NNN, design protection contract and a MA. However we...
  16. U

    UberEats Restaurant Partner

    Hi, I am an Uber Eats restaurant partner as a sole trader. I am owed some money from Uber but haven't received it yet. I am planning to change the business to a limited company. Will I still be able to receive the money I am owed? Thank you.
  17. N

    Fresh produce buyers

    Hello, I am starting new in the UK and looking for buyers for fresh fruits and vegetables which are imported in the UK from India. The vegetables and fruits are of the best quality as per UK food import standards which are grown in our farms in India. It will be helpful if I can get links to...
  18. M

    Some Questions Regarding Money Paid To Me Online via my website

    I am currently in full time employment, but in my spare time, I run a train times website at my personal expense. My website does have the option for members to purchase, on a one off or subscription basis, various services. This might include: SMS message alerts for notifying the user if a...
  19. H

    Importing from Kenya to UK

    Hi all, I am going to be importing goods (stuffed animals) from Kenya and am a bit confused and hoping for some guidance. This is my first time starting a business so apologies for anything seemingly obvious, please be kind. I understand that I will pay import duties & VAT on goods, however I'm...
    • hazen
    • Thread
    • company-formation overseas-trade sole-trader startups vat
    • Replies: 3
    • Forum: Overseas Trade
  20. turniphead11

    Sole Trader issues with Invoicing... "trading as"?

    Hi, Currently I run 2 YouTube channels, I'll call them X and Y. I am registered as a sole trader and am 'doing business under my own name' as I found it easier that way, as X and Y are very different in both name and nature. Recently, I was sponsored on channel X and have been asked by the...
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