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  2. Business ownership within England and Wales - Wikipedia

    en.wikipedia.org/wiki/Business_ownership_within...

    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.

  3. Sole proprietorship - Wikipedia

    en.wikipedia.org/wiki/Sole_proprietorship

    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.

  4. Companies Act 1985 - Wikipedia

    en.wikipedia.org/wiki/Companies_Act_1985

    Sole traders, partnerships, limited liability partnerships etc. were not governed by the Act. Company law throughout the United Kingdom is now governed by the Companies Act 2006 , which received Royal Assent on 8 November 2006, and which was commenced in stages between then and 1 October 2009.

  5. List of legal entity types by country - Wikipedia

    en.wikipedia.org/wiki/List_of_legal_entity_types...

    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 ...

  6. Self-employment - Wikipedia

    en.wikipedia.org/wiki/Self-employment

    A self-employed person in the United Kingdom can operate as a sole trader or as a partner in a partnership (including a limited liability partnership or "LLP") but not through an incorporated limited (or unlimited) liability company. It is also possible for someone to form a business that is run only part-time or concurrently while holding down ...

  7. HM Revenue and Customs - Wikipedia

    en.wikipedia.org/wiki/HM_Revenue_and_Customs

    His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.

  8. These easy-to-use fire blankets are just $7 each ... - AOL

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    What reviewers say 💬. Over 4,000 shoppers say SecuCaptain fire blankets are a five-star purchase, and that they're breathing a little easier knowing they have them in their safety arsenal ...

  9. United Kingdom company law - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom_company_law

    UK law is "shareholder friendly" in that shareholders, to the exclusion of employees, typically exercise sole voting rights in the general meeting. The general meeting holds a series of minimum rights to change the company constitution, issue resolutions and remove members of the board.

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