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Also sole traders must also pay Income Tax they do this by filling in the self-assessment form which also allows the Inland Revenue to calculate Class 4 NIC; this is simple to fill the information needed is usually costs, sales and profits; if turnover is above £15,000 you may have to keep a detailed profit and loss and balance sheet.
A sole trader is the simplest type of business structure defined in UK law. It refers to an individual who owns their own business and retains all the profits from it. When starting up, sole traders must complete a straightforward registration with HM Revenue and Customs as self-employed for tax and National Insurance purposes.
Eenmanszaak: ≈ sole trader (UK), sole proprietorship (US) vof (vennootschap onder firma): ≈ GP; cv (commanditaire vennootschap): ≈ LP; bv (besloten vennootschap): ≈ Ltd (UK), Ltd. (US). May appear in a company name as the suffix of "B.V.". A bv can be started by an individual (perhaps as the major or only shareholder) or together with ...
Self-employed people are usually classified as a sole proprietor (or sole trader), independent contractor, or as a member of a partnership. Self-employed people generally find their own work rather than being provided with work by an employer and instead earn income from a profession, a trade, or a business that they operate.
Soletrader is a British shoe retailer that operates with 28 UK standalone stores and 4 department store concessions, and through its international websites. Of their 28 standalone stores in the UK 18 trade in shopping centres and on high streets as Sole and Soletrader and 10 trade in outlet centres, 5 of which are operated by the McArthur Glen ...
Amazon's No. 1 bestselling pillows are favorites among Amazon shoppers and Yahoo readers alike. For years I heard nothing but raves about them, so I finally bought a pair to see what all the hype ...
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