A sole trader has employment income. What happens if I also have earnings from employment or dividends? If you are employed, your employer would have deducted the tax for your earning. Also, when you have other income from a side hazel, you must register yourself as self-employed and declare that in […]
Self-assessment guide to small business. Any person who runs a business needs to pay taxes; you must submit a tax return to your tax office. When you start your business, you must register as self-employed and file the self-assessment tax return each year. It is by law, you have to file […]