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A carpenter with a drill and ear defenders working on furniture.

What is a sole trader?

A sole trader is a self-employed individual who owns and runs their own business as an individual and, as their business isn’t a separate legal entity to its owner, a sole trader is their business.

First published 20 May 2020 | Last updated 13 Sep 2024

Sole trader

Changing from sole trader to limited company

First published 12 Aug 2020
Last updated 13 Sep 2024

Lady on laptop

Do I need a business bank account?

First published 27 May 2021
Last updated 13 Aug 2024

Bookkeeping

What is double-entry bookkeeping?

First published 20 May 2021
Last updated 20 Mar 2024

Business open

Preparing your business for a post-lockdown restart

First published 18 May 2021
Last updated 20 Mar 2024

Business receipts

The new rules for trade loss relief explained

First published 12 May 2021
Last updated 18 May 2021

Employer and their team

Changes for employers from April 2021

First published 23 Apr 2021
Last updated 20 Sep 2022

Directors and the Job Retention Scheme 

Directors and the Job Retention Scheme 

First published 1 Apr 2020
Last updated 24 Mar 2021

The Budget 2021

Budget 2021 Summary and Highlights

First published 18 Jan 2021
Last updated 20 Mar 2024

Dext

Dext

First published 4 Mar 2021
Last updated 23 Jan 2024

construction tools

VAT Changes for the Construction Industry

First published 27 Jun 2019
Last updated 3 Mar 2021

Scottish Parliament building

COVID-19 support for businesses in Scotland

First published 11 Feb 2021

Houses of parliament

Budget 2021 – What will the Chancellor do?

First published 3 Feb 2021
Last updated 20 Mar 2024

Business Tips designer

10 tips for your business for the year ahead

First published 5 Nov 2020
Last updated 20 Mar 2024

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