Sole Trader Tax A guide for start ups and the newly self employed. In this concise guide, we look at the taxes you will encounter if you start your own business as a sole trader, and other things you should bear in mind before taking the plunge and becoming self employed. Mr Tax Ltd are a family run, friendly and proactive accountants based in Blaby, Leicester. Founded by Tax Specialist Peter Clare in 1996. Which explains the advantages of online tax returns, how to register and how to fill out your online tax return. I wish to access my past few years tax returns. I want to use the previous losses to offset against this years profits. Helplines not helpful Can. Free online software. As part of our tax return service, we provide free online software which allows you to login and check your self assessment. Before you start up in business, one of the first decisions you need to make is which business structure to work under. The most popular options are to set up your own limited company or to work as a sole trader. Best Software For Tax Returns Uk DatesIt is an important decision, and one that is influenced by your personal situation and long term plans for your business. If you havent decided which business structure to use for your new venture, you should read these articles Sole trader businesses and limited companies taxed differently. One of the most fundamental differences between the two types of business structure is how each one is assessed for tax purposes.
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November 2017
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