This mechanism cannot work if one of the businesses involved is a sole trader. |
If you are a sole trader or partnership, give your business name and address in case information is held under these details. |
The series we use comprises all business bankruptcies, including sole trader bankruptcies, which account for a fifth of the total. |
How confident do you feel about dealing with tax as a sole trader or small business? |
As soon as you start out as a sole trader you must register yourself as self-employed. |
To operate as a sole trader, simply contact HMRC and register for self assessment. |