01582 477666
Sole Trader.
A sole proprietorship, also known as a sole trader, is generally a type of business entity owned and run by one individual, where there is no legal distinction between the owner and the business. That is, the owner is legally responsible for all of the assets and liabilities of the business including profits, losses and the taxes thereon.This is the simplest way of starting a business with very few formalities. You will need to advise the Inland Rev- enue that you are self-employed for tax and National Insurance contributions.
KMA offer a comprehensive range of Accountancy and Taxation services to the sole trader. From registering the business to book keeping, from VAT returns to year-end accounts and self-assessment taxation.
Prices start from £350 + VAT per annum
