Self Employed - Sole Trader

Most agencies will no longer engage sole traders to work for their clients.  It is necessary to have a proper legal structure in place such as an umbrella company.

Being self employed or a sole trader remains a legitimate way to operate, particularly where you might have a number of concurrent clients.  However, it is important to recognise that clients are now increasingly asking for liability and professional indemnity insurance to be in place, and in many cases have taken decisions that they can no longer engage sole traders because there is no legal entity in place. 

If you continue to operate in this way, you are still at potential risk from being deemed a disguised employee of any client that you work for, which could subject you and your client to retrospective tax bills, fines and interest.

Does the administration, accounting, invoicing, credit control etc. create a burden for you?  Would you rather be delivering your skills, developing clients, finding new clients and concentrating on the reasons why you became self employed in the first place? Call us we can help you!