{"id":28586,"date":"2023-09-21T16:53:12","date_gmt":"2023-09-21T15:53:12","guid":{"rendered":"https:\/\/taxfix.com\/en-uk\/?p=28586"},"modified":"2023-10-02T17:57:11","modified_gmt":"2023-10-02T16:57:11","slug":"what-is-a-sole-trader","status":"publish","type":"post","link":"https:\/\/taxfix.com\/en-uk\/self-employed-tax-returns\/bookkeeping\/what-is-a-sole-trader\/","title":{"rendered":"What is a sole trader? "},"content":{"rendered":"\n

If you\u2019re self-employed<\/a>, you\u2019re legally known as a sole trader. Let\u2019s build a picture. \ud83d\uddbc\ufe0f<\/p>\n\n\n\n

You\u2019re responsible for owning and managing your business. You may be a trader, freelancer, or independent contractor.  But, what does being a sole trader<\/a> mean for you? And, how can you manage your taxes? <\/p>\n\n\n\n

What\u2019s the advantage of becoming a sole trader? <\/h2>\n\n\n\n

Being your own boss, of course! Run your business the way you <\/em>want. No more consulting directors, or crushing your vision. <\/p>\n\n\n\n

It doesn\u2019t end there\u2026 Sole traders also benefit from: <\/p>\n\n\n<\/div> \n\n

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