{"id":7443,"date":"2020-10-08T17:27:29","date_gmt":"2020-10-08T16:27:29","guid":{"rendered":"https:\/\/taxfix.com\/en-uk\/?p=7443"},"modified":"2025-09-15T16:15:02","modified_gmt":"2025-09-15T15:15:02","slug":"the-sole-traders-boulevard-of-boring-necessities","status":"publish","type":"post","link":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/","title":{"rendered":"The sole trader\u2019s boulevard of boring necessities"},"content":{"rendered":"\n<p>Let\u2019s be honest, starting your own business is an exciting prospect. Whatever hustle you\u2019re running, the venture in itself is a massive achievement.&nbsp;<\/p>\n\n\n\n<p>Now, a global pandemic may not seem the best time to start a business, but whilst March, April and May 2020 saw a <a href=\"https:\/\/www.business-live.co.uk\/enterprise\/startups\/rather-stifling-enterprise-pandemic-led-18734049\" target=\"_blank\" rel=\"noreferrer noopener\">year-on-year downturn<\/a> in the number of new UK businesses forming, June saw a record-breaking 47% increase. So there\u2019s no better time to introduce you to our boulevard of boring necessities.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-container\"><iframe loading=\"lazy\" title=\"Tax in 10(ish) seconds - what does it mean to be self-employed?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/-3ownjwzY8g?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<p>What does it mean, you ask? Aside from being a fierce bit of wordplay, it\u2019s basically the fundamental business necessities that new sole traders often overlook. Namely, tax, insurance, credit, and more.<\/p>\n\n\n\n<p>Let\u2019s start with insurance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">But what does Taxfix know about insurance?<\/h2>\n\n\n\n<p>It\u2019s a good question. And the answer is very little. But luckily for you, we\u2019re partnered with <a href=\"https:\/\/gosuperscript.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Superscript<\/a> &#8211; business insurers extraordinaire &#8211; who are here to break it down. Here\u2019s a quick overview of some of the basics, then we\u2019ll dive straight into how it works for sole traders.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Why do I need business insurance?<\/h3>\n\n\n\n<p>Unlike tax, whether you\u2019re a sole trader, limited company or partnership, business insurance works in generally the same way. All businesses have to sit down and think:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>What are my risks?<\/li><li>What cover can I get to minimise the damage that could arise from each risk?<\/li><\/ul>\n\n\n\n<p>For some businesses, having insurance can be a legal requirement. For others in certain industries, it can be required to meet regulation to operate. There are actually loads of different reasons why you might need to get business insurance. Here are some more common examples:<\/p>\n\n\n<\/div> <!-- .c-body -->\n\n<div class=\"b-highlight-mini m-nude m-align-left\">\n    <div class=\"b-block-body\">\n        <ul>\n<li>To become a member of certain trade organisations<\/li>\n<li>To participate\/work at an event<\/li>\n<li>Most businesses can\u2019t afford to risk being unprotected<\/li>\n<li>To win clients or contracts<\/li>\n<li>To attract investors<\/li>\n<li>And if you have or plan to hire employees, insurance is critical<\/li>\n<\/ul>\n\n    <\/div>\n<\/div> <!-- .b-highlight-mini -->\n\n<div class=\"c-body\">\n\n\n\n\n<h3 class=\"wp-block-heading\">2. Why do so many businesses not have it?<\/h3>\n\n\n\n<p>Despite being super-important, many businesses don\u2019t prioritise getting themselves insured. This can be a result of poor experience with buying insurance in other areas of life (e.g. travel insurance, home insurance etc.), a lack of awareness when it comes to what you need for your business, or even that it\u2019s not something that you think about until something goes wrong.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. What happens if you don&#8217;t get insurance?<\/h3>\n\n\n\n<p>The key question to ask yourself here is, \u2018Could I afford the cost of a claim against my business?\u2019<\/p>\n\n\n\n<p>Bear in mind that a claim for a minor injury at work could leave you liable for a <a href=\"https:\/\/www.accidentclaimsadvice.org.uk\/calculating-a-personal-injury-claim\/\" target=\"_blank\" rel=\"noreferrer noopener\">four-figure payout<\/a> &#8211; or at the upper end of the scale, breaching <a href=\"https:\/\/gosuperscript.com\/blog\/everything-you-need-to-know-about-gdpr\/\" target=\"_blank\" rel=\"noreferrer noopener\">the GDPR<\/a> could cost your business tens of millions.<\/p>\n\n\n\n<p>Ultimately, if you\u2019re uninsured and a successful claim is made against you, you could find yourself with hefty legal and compensation fees to pay. And even if the claim is unsuccessful, you\u2019ll still have to cover the (often steep) legal fees.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Let\u2019s talk insurance for sole traders<\/h2>\n\n\n\n<p>As a sole trader, there are various different types of insurance covers that are worth considering. Superscript has put together this list to help you get started.<\/p>\n\n\n<div class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/Boulevard-body02.png\" width=\"1200\" height=\"630\" srcset=\"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/Boulevard-body02-300x158.png 300w, https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/Boulevard-body02-1024x538.png 1024w, https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/Boulevard-body02-768x403.png 768w, https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/Boulevard-body02.png 1200w\" class=\"wp-block-image__media\" sizes=\"auto, (min-width: 1000px) 768px, calc(100vw - 48px)\" alt=\"\"><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>Professional indemnity insurance&nbsp;<\/strong><\/li><\/ul>\n\n\n\n<p>The go-to if you\u2019re offering a professional service (such as advice, design or consultation).&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/gosuperscript.com\/insurance-101\/what-is-employers-liability\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Employers liability insurance<\/strong><\/a><\/li><\/ul>\n\n\n\n<p>If you have employees, this is a legal requirement, except in some specific instances e.g. you employ close family members.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/gosuperscript.com\/insurance-101\/what-does-public-liability-insurance-cover\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Public liability cover<\/strong><\/a>&nbsp;<\/li><\/ul>\n\n\n\n<p>You need this if your work involves physical contact with members of the public (anyone who isn\u2019t your employee).<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/gosuperscript.com\/business-insurance\/product-liability-insurance\/\"><strong>Product liability insurance<\/strong><\/a><\/li><\/ul>\n\n\n\n<p>If you supply, sell or even gift products, it\u2019s worth considering this cover. It\u2019s a common misconception that only the producer is liable for product-related issues, but that\u2019s not the case.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/gosuperscript.com\/insurance-101\/what-is-contents-and-equipment-insurance\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Business contents insurance<\/strong><\/a><\/li><\/ul>\n\n\n\n<p>This is one to cover work-related equipment and furniture. Many insurance providers won\u2019t provide this type of cover when you\u2019re based at a coworking space, so make sure that you choose carefully (&#8230;hint, Superscript).&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/gosuperscript.com\/insurance-101\/what-is-cyber-liability\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Cyber insurance<\/strong><\/a><\/li><\/ul>\n\n\n\n<p>This is critical if you\u2019re reliant on computer systems to run your business, and\/or you handle client data. Whilst there\u2019s always a risk if your business is in any part online, without insurance, you\u2019re even more vulnerable to cyber-attacks or data breaches. Contrary to popular belief, it\u2019s not just big companies that are targeted. Small businesses are often also targets because they tend to have less IT security in place.&nbsp;<\/p>\n\n\n\n<p>So cyber insurance is designed to protect you from:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Regulatory breaches (where insurable by law)<\/li><li>System rectification costs<\/li><li>Financial compensation due to system downtime (due to security breach or system failure)<\/li><li>PR &amp; legal support&nbsp;<\/li><li>\u2026 and more<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Want to know more?<\/h2>\n\n\n\n<p>Superscript is a great choice for sole traders because unlike many of the major insurers, you can get flexible cover on a monthly subscription.&nbsp;<\/p>\n\n\n\n<p>And, the icing on top, our Taxfix users get 10% off Superscript cover.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/gosuperscript.com\/partners\/taxscouts\/?utm_source=taxscouts&amp;utm_medium=referral&amp;utm_campaign=partner_taxscouts\" target=\"_blank\" rel=\"noreferrer noopener\">Check it out here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">OK, so now onto tax<\/h2>\n\n\n\n<p>Tax is another traditionally boring side of starting your own sole trader business. It\u2019s seen as quite complex which is why so many of us end up paying sky high fees to get the task taken off our hands. Whether you have loads of income or not very much at all, the frustration with tax seems universal.&nbsp;<\/p>\n\n\n\n<p>But the reasons behind it are not.&nbsp;<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Why is it important to sort your taxes?<\/h2>\n\n\n\n<p>In short, evading tax will ultimately end up costing you more. Most people who end up fined by HMRC for missing tax deadlines do so by accident, or they slip up amidst the complicated process of doing their Self Assessment.<\/p>\n\n\n\n<p>Organisation is key. Here\u2019s what we\u2019d recommend when you start your sole trader business:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Create spreadsheets for each <\/strong><a href=\"https:\/\/taxfix.com\/en-uk\/what-is-the-tax-year\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>tax year<\/strong><\/a><ul><li>Split them into monthly tabs&nbsp;<\/li><li>Record your income<\/li><li>Record your expenses&nbsp;<\/li><\/ul><\/li><li><strong>Get to know the important dates in the year<\/strong><ul><li>6th April &#8211; 5th April = the tax year<\/li><li>5th October = register for Self Assessment deadline<\/li><li>31st January = deadline to pay your tax bill<\/li><li>31st July = Payment on Account deadline<\/li><\/ul><\/li><li><strong>Decide how you want to do your taxes&nbsp;<\/strong><ul><li>Yourself via HMRC<\/li><li>Using an accountant&nbsp;<\/li><li>Using a smarter online alternative (e.g. Taxfix\u2026)<\/li><\/ul><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">And finally, how about credit?<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.portify.co\/\" target=\"_blank\" rel=\"noreferrer noopener\">Portify<\/a>, our nifty partner in the credit space shared their expertise with us to help us understand the importance of credit for sole traders and how you can use it to your advantage.&nbsp;<\/p>\n\n\n\n<p>Like tax and insurance, credit is another space that\u2019s often overlooked by sole traders when they\u2019re starting out. You may be wondering why it\u2019s important, especially to a business owner. But actually, it\u2019s crucial. You need good credit when you make any large purchases. It also enables you to access the best financial options available and gives you the benefit of having a choice when you\u2019re figuring out what works best for you, rather than just being left to take whatever you can get.&nbsp;<\/p>\n\n\n\n<p>Good credit also means that you have a financial safety net if things go wrong, which, when you\u2019re new to the sole trader world, can be of paramount importance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why is credit often overlooked?<\/h2>\n\n\n\n<p>Similar to insurance, it\u2019s the sort of thing that you don\u2019t worry about until you absolutely need to. It\u2019s not talked about in day-to-day conversation and it\u2019s often not thought of as a necessity. But building good credit is a long game. The process can take years.&nbsp;<\/p>\n\n\n\n<p>A YouGov survey found in 2019 that almost 50% of adults had never checked their credit score. That\u2019s a surprising statistic given the extent to which credit affects what you can and can\u2019t purchase &#8211; from a mobile phone contract to a mortgage!<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">So, what can be done?<\/h2>\n\n\n\n<p>There are lots of ways to improve your credit score, although you may not have known that it could be so simple. Here are Portify\u2019s top tips:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Always pay your bills on time &#8211; basic, but the bread and butter of good credit<\/li><li>Keep your credit card utilisation low<\/li><li>Make sure you\u2019re on the electoral register &#8211; this helps lenders to comfortably confirm your identity<\/li><li>Don\u2019t close your old accounts &#8211; that way, you\u2019ll have more records through which credit agencies can assess the risk attached to you<\/li><li>Sign up to smart credit building cards and apps &#8211; like <a href=\"https:\/\/www.portify.co\/\" target=\"_blank\" rel=\"noreferrer noopener\">Portify<\/a>\u2026 just saying<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s be honest, starting your own business is an exciting prospect. Whatever hustle you\u2019re running, the venture in itself is a massive achievement.&nbsp; Now, a global pandemic may not seem the best time to start a business, but whilst March, April and May 2020 saw a year-on-year downturn in the number of new UK businesses [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":41805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[299,335],"tags":[413,414,411,422],"class_list":["post-7443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-taxscouts-partners","tag-accounting","tag-employment-status","tag-self-employed","tag-taxscouts-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The sole trader\u2019s boulevard of boring necessities &#8211; Taxfix (formerly TaxScouts)<\/title>\n<meta name=\"description\" content=\"What does it mean, you ask? Aside from being fierce wordplay, it\u2019s the fundamental business necessities that sole traders often overlook.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The sole trader\u2019s boulevard of boring necessities &#8211; Taxfix (formerly TaxScouts)\" \/>\n<meta property=\"og:description\" content=\"What does it mean, you ask? Aside from being fierce wordplay, it\u2019s the fundamental business necessities that sole traders often overlook.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/\" \/>\n<meta property=\"og:site_name\" content=\"Taxfix\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/taxfix_uk\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-08T16:27:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-15T15:15:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"672\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gemma Doswell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Taxfix\" \/>\n<meta name=\"twitter:site\" content=\"@Taxfix\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/\",\"url\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/\",\"name\":\"The sole trader\u2019s boulevard of boring necessities &#8211; Taxfix (formerly TaxScouts)\",\"isPartOf\":{\"@id\":\"https:\/\/taxfix.com\/en-uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png\",\"datePublished\":\"2020-10-08T16:27:29+00:00\",\"dateModified\":\"2025-09-15T15:15:02+00:00\",\"author\":{\"@id\":\"https:\/\/taxfix.com\/en-uk\/#\/schema\/person\/008d0d859b00d5809e35d143dff5dd4a\"},\"description\":\"What does it mean, you ask? Aside from being fierce wordplay, it\u2019s the fundamental business necessities that sole traders often overlook.\",\"breadcrumb\":{\"@id\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#primaryimage\",\"url\":\"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png\",\"contentUrl\":\"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png\",\"width\":1280,\"height\":672,\"caption\":\"The sole trader\u2019s boulevard of boring necessities\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/taxfix.com\/en-uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The sole trader\u2019s boulevard of boring necessities\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/taxfix.com\/en-uk\/#website\",\"url\":\"https:\/\/taxfix.com\/en-uk\/\",\"name\":\"Taxfix\",\"description\":\"Taxes as they should be done\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/taxfix.com\/en-uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/taxfix.com\/en-uk\/#\/schema\/person\/008d0d859b00d5809e35d143dff5dd4a\",\"name\":\"Gemma Doswell\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/taxfix.com\/en-uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0ee123e7e4df1efafc651aa2721860dbf529c4458f2fd6d13cdb62e8f05ffc2f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0ee123e7e4df1efafc651aa2721860dbf529c4458f2fd6d13cdb62e8f05ffc2f?s=96&d=mm&r=g\",\"caption\":\"Gemma Doswell\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The sole trader\u2019s boulevard of boring necessities &#8211; Taxfix (formerly TaxScouts)","description":"What does it mean, you ask? Aside from being fierce wordplay, it\u2019s the fundamental business necessities that sole traders often overlook.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/","og_locale":"en_GB","og_type":"article","og_title":"The sole trader\u2019s boulevard of boring necessities &#8211; Taxfix (formerly TaxScouts)","og_description":"What does it mean, you ask? Aside from being fierce wordplay, it\u2019s the fundamental business necessities that sole traders often overlook.","og_url":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/","og_site_name":"Taxfix","article_publisher":"https:\/\/www.facebook.com\/taxfix_uk","article_published_time":"2020-10-08T16:27:29+00:00","article_modified_time":"2025-09-15T15:15:02+00:00","og_image":[{"width":1280,"height":672,"url":"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png","type":"image\/png"}],"author":"Gemma Doswell","twitter_card":"summary_large_image","twitter_creator":"@Taxfix","twitter_site":"@Taxfix","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/","url":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/","name":"The sole trader\u2019s boulevard of boring necessities &#8211; Taxfix (formerly TaxScouts)","isPartOf":{"@id":"https:\/\/taxfix.com\/en-uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#primaryimage"},"image":{"@id":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#primaryimage"},"thumbnailUrl":"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png","datePublished":"2020-10-08T16:27:29+00:00","dateModified":"2025-09-15T15:15:02+00:00","author":{"@id":"https:\/\/taxfix.com\/en-uk\/#\/schema\/person\/008d0d859b00d5809e35d143dff5dd4a"},"description":"What does it mean, you ask? Aside from being fierce wordplay, it\u2019s the fundamental business necessities that sole traders often overlook.","breadcrumb":{"@id":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#primaryimage","url":"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png","contentUrl":"https:\/\/taxfix.com\/en-uk\/wp-content\/uploads\/25Q3_TS_Rebrand_UK_Website_Content_Blog-and-guides_the-sole-traders-boulevard-of-boring-necessities_01.png","width":1280,"height":672,"caption":"The sole trader\u2019s boulevard of boring necessities"},{"@type":"BreadcrumbList","@id":"https:\/\/taxfix.com\/en-uk\/blog\/taxscouts-partners\/the-sole-traders-boulevard-of-boring-necessities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/taxfix.com\/en-uk\/"},{"@type":"ListItem","position":2,"name":"The sole trader\u2019s boulevard of boring necessities"}]},{"@type":"WebSite","@id":"https:\/\/taxfix.com\/en-uk\/#website","url":"https:\/\/taxfix.com\/en-uk\/","name":"Taxfix","description":"Taxes as they should be done","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/taxfix.com\/en-uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/taxfix.com\/en-uk\/#\/schema\/person\/008d0d859b00d5809e35d143dff5dd4a","name":"Gemma Doswell","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/taxfix.com\/en-uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0ee123e7e4df1efafc651aa2721860dbf529c4458f2fd6d13cdb62e8f05ffc2f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0ee123e7e4df1efafc651aa2721860dbf529c4458f2fd6d13cdb62e8f05ffc2f?s=96&d=mm&r=g","caption":"Gemma Doswell"}}]}},"_links":{"self":[{"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/posts\/7443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/comments?post=7443"}],"version-history":[{"count":36,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/posts\/7443\/revisions"}],"predecessor-version":[{"id":22943,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/posts\/7443\/revisions\/22943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/media\/41805"}],"wp:attachment":[{"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/media?parent=7443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/categories?post=7443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxfix.com\/en-uk\/wp-json\/wp\/v2\/tags?post=7443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}