A sole trader, also known as a sole proprietor, is a self-employed individual who operates their business as the sole owner and manager. In the United Kingdom, a sole trader is the simplest and most common form of business structure. As a sole trader, you are responsible for m...

In the dynamic landscape of business ownership in the United Kingdom, entrepreneurs often find themselves at a crossroads when it comes to choosing the right business structure. The decision between operating as a Sole Trader, establishing a Limited Company, or opting for the...

If you’re a sole trader in the UK, you’re likely familiar with the freedom and flexibility that comes with running your own business. However, one aspect that often leaves many sole traders scratching their heads is how do I pay myself as a sole trader. How Sole Traders Pay Th...