Opening new Self-employed/ Sold Trader/ Partnership

£20.00

You need to set up as a sole trader if any of the following apply:

  • you earned more than £1,000 from self-employment between 6 April 2018 and 5 April 2019
  • you need to prove you’re self-employed, for example to claim Tax-Free Childcare
  • you want to make voluntary Class 2 National Insurance payments

To set up as a sole trader/self assessment/partnership and file a tax return every year.