Start your business with a clearer plan

Starting out as a sole trader can feel straightforward—until you’re faced with HMRC registration, tax, records, expenses and deadlines. This practical, UK-focused webinar walks you through the essentials of setting up and running a sole trader business. Watch at your own pace and build a better understanding of what to do, what to keep track of and when it may be time to get professional advice.

Inside the webinar

• How to recognise when a side project or regular activity may count as trading

• What being a sole trader means, including personal responsibility for business debts

• How to approach HMRC registration and Self Assessment

• The basics of Income Tax, National Insurance and the trading allowance

• How to keep useful business records and identify expenses to check

• What to understand about VAT and the registration threshold

• What changes when you employ people

• How to think about paying yourself, tax reserves and key deadlines

• When to review your business structure as your plans or profits change

Made for people who are

• Thinking about starting a small business

• Testing a side hustle or already making regular sales

• Newly self-employed and unsure what to organise first

• Looking for a straightforward introduction to sole trader responsibilities

Get a clearer picture of the practical steps involved, so you can make informed decisions and manage your business with greater confidence.

Get access to the webinar

This is a pre-recorded educational resource, not individual tax, legal or accounting advice. Tax rules, rates and deadlines can change. Check current official guidance before acting.