Are you interested in becoming a sole trader? SCS Financial Management specialises in offering a reliable sole trader service in Epsom for those who are just getting started.
We have a wealth of experience working with individuals who are interested in setting up their own business. For more information about our sole trader services in Epsom and the surrounding areas, get in touch with SCS Financial Management by calling: 01737 244 700.
Interested In Becoming A Sole Trader?
When you become a sole trader, you are running your own business single-handedly. Here at SCS Financial Management, we offer fully comprehensive sole trader services and work closely with clients to ensure you get the best possible advice in Epsom.
Becoming a sole trader is more popular than ever, and it is very simple to set up. To become a sole trader, you simply inform HMRC and register as self-employed. To register with HMRC is very simple, but our team at SCS Financial Management are always on hand to help you experience the most successful business set-up.
You must register as a sole trader if you have earned more than £1,000 from self-employment in the tax year. Registering with HMRC is free, therefore setting up as a sole trader does not incur any costs. Our team at SCS Financial Management is always available if you require any assistance. We can guide you towards running your business and answer any queries you may have about our sole trader service.
For more information about our sole trader services, please get in touch.
Other Services
At SCS Financial Management, we offer a wide range of financial management services to our clients in Epsom and the surrounding areas. Having worked across a wide range of industries with a number of businesses, we can help you stay in control. Some of our other services include:
- Payroll
- Bookkeeping
- Accounts Preparation
- VAT
- Income Tax
- Budgeting & Forecasting
- Limited Companies
To find out more about any of our above services, contact SCS Financial Management.
Advantages Of Becoming A Sole Trader
Becoming a sole trader has many advantages. The main benefit of becoming one is that you are your own boss and can choose the direction of your business. You can run it however you wish and have far more freedom when it comes to decision making compared to other business structures.
As a sole trader, you retain all profits of your business after tax, whereas if you were a limited company or partnership, you would have to share any profits. This can keep your costs low and maximise your available profits.
Those who are starting their own business for the first time can do so on a part-time basis until they have more confidence in running a business and its ability. Another advantage is that if you start out as a sole trader, you can opt to form a limited company at a later date, paving the way for bigger and better opportunities in the future.
For more information, don’t hesitate to get in touch.
For Sole Trader Services In Epsom
To find out more about our sole trader services in Epsom, get in touch with the team at SCS Financial Management. We are always on hand to offer any advice you require and support you with facing your goals. Call us today on: 01737 244 700.
Alternatively, you can fill out our online contact form and we will respond promptly.
