Starting a Business — Guides, Tips & Expert Advice
How to start a business in the UK — registration, tax, banking, and first steps for sole traders.
76 articles on Starting a Business
Business Insurance for Sole Traders: What You Need
Business insurance protects you from financial disaster. Learn which types of insurance sole traders need and which are optional.
Business Plan for Sole Traders: Do You Actually Need One
Do sole traders need a formal business plan? Not always — but having a financial plan is essential. Here is a practical approach to planning your business.
Business vs Hobby: How HMRC Tells the Difference
Is your activity a business or a hobby? The distinction matters for tax. Learn how HMRC draws the line and what it means for you.
Choosing a Business Name in the UK: Rules and Tips
Your business name is your first impression. Learn the legal rules for sole trader and limited company names, and tips for choosing a good one.
Do I Need to Register with HMRC?
If you earn money outside of PAYE employment, you may need to register with HMRC. Here is a quick guide to when registration is required.
The First Year as a Self-Employed Person: What to Expect Financially
Your first year of self-employment brings financial challenges and opportunities. From irregular income to your first tax bill, here is what to expect and how to prepare.
HMRC Registration: What Happens After You Register
You have registered with HMRC as self-employed. Now what? Here is what to expect in the weeks and months after registration.
How to Become Self-Employed in the UK
Becoming self-employed in the UK is straightforward. Here are the essential steps to get started legally and financially.
How to Register as a Sole Trader in the UK: Step by Step 2026
A complete step-by-step guide to registering as a sole trader in the UK in 2026, covering HMRC registration, National Insurance, and what happens after you register.
How to Set Your Rates as a Freelancer or Consultant
Setting the right rates is crucial for freelance success. Learn how to calculate your rate, account for tax and expenses, and avoid undercharging.
How to Set Up a Business Bank Account in the UK
A business bank account keeps your finances organised and makes tax easier. Here is how to choose one and set it up as a sole trader or limited company.
National Insurance for the Self-Employed Explained
Self-employed people pay two types of National Insurance. Learn what Class 2 and Class 4 NI are, how much you pay, and what they entitle you to.
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