Browse the Guidebook

Start something

Work for yourself in

Trade as yourself, without a company: what you register, and what you are exempt from.

CheckedEdition 1.0Checked 6 November 20262 stepsUnited Kingdom

In the UK you can start trading straight away; you register for Self Assessment once you earn more than £1,000 in a tax year.

4 steps, across the order
  • 1 Applying · 25%
  • 2 Straight after · 50%
  • 1 Every year, and every change · 25%
Who does them
  • 4 You · 100%

What changes if…

ApplyingThe application itself, and what to do if it comes back.
  1. Register for Self AssessmentYouHMRC

    Once you earn more than £1,000 from self-employment in a tax year (6 April to 5 April), register with HMRC as a sole trader and file a Self Assessment return each year. It is free.

Every year, and every changeWhat keeps it in good standing once it exists.
  1. Income tax and National Insurance on your profitYouHMRC

    Income tax at 20%, 40% and 45% above the £12,570 personal allowance — Scotland has its own rates — and Class 4 National Insurance: 6% on profits from £12,570 to £50,270, 2% above.

What you do not need

  • To register before you start trading: you can start straight away.
  • A company: you can trade under your own name.

Keep going

Words in this journey:Data controllerSole trader