Navigating Finances: Accounting Essentials for the Self-Employed
What is a sole trader and how is the self-employed accounting process conducted? A sole trader, also known as a sole proprietor, is an individual who owns and operates a business on their own. The sole proprietor is fully responsible for their own business, its profits, its liabilities and the annual tax bill, as opposed […]
Becoming Your Boss: How to Register as Self-Employed in the UK
Different kinds of self-employed businesses A self-employed individual may be a freelancer or a consultant, an artisan or a member of other business structures providing a diversity of services and products independently. Limited liability partnerships (LLP) Limited Liability Partnerships (LLPs) combine the flexibility of a partnership with limited liability protection for its members. In LLPs, […]