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Definition of sole trader in English: sole tradernoun British A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses. I choose to run my firm as a sole trader Example sentencesExamples - This mechanism cannot work if one of the businesses involved is a sole trader.
- The agencies may themselves have tax liabilities if they incorrectly employ sole traders or partnerships.
- I am thinking of becoming a sole trader but all the information that I have been able to gather so far is very complicated to understand.
- Many business start as sole traders and form limited companies as they expand.
- As soon as you start out as a sole trader you must register yourself as self-employed.
- Many firms, especially sole traders and partnerships, do not qualify for relief because of the complex rules that surround the tax credits.
- If you are a sole trader or partnership, give your business name and address in case information is held under these details.
- "I would advise someone to be a sole trader instead of setting up a company," he said.
- The former owner of the small firm that closed down had just started a new business, vowing never to be a sole trader again because it rather ruined her own lifestyle.
- The clients themselves have preferred to contract, usually through an employment agency, with a service company rather than with an individual sole trader.
- These independent artistic networks are composed of freelancers, the temporarily employed, sole traders, and micro-businesses.
Definition of sole trader in US English: sole tradernoun British A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses; a sole proprietor. I choose to run my firm as a sole trader Example sentencesExamples - The clients themselves have preferred to contract, usually through an employment agency, with a service company rather than with an individual sole trader.
- As soon as you start out as a sole trader you must register yourself as self-employed.
- "I would advise someone to be a sole trader instead of setting up a company," he said.
- If you are a sole trader or partnership, give your business name and address in case information is held under these details.
- This mechanism cannot work if one of the businesses involved is a sole trader.
- The former owner of the small firm that closed down had just started a new business, vowing never to be a sole trader again because it rather ruined her own lifestyle.
- I am thinking of becoming a sole trader but all the information that I have been able to gather so far is very complicated to understand.
- The agencies may themselves have tax liabilities if they incorrectly employ sole traders or partnerships.
- Many firms, especially sole traders and partnerships, do not qualify for relief because of the complex rules that surround the tax credits.
- Many business start as sole traders and form limited companies as they expand.
- These independent artistic networks are composed of freelancers, the temporarily employed, sole traders, and micro-businesses.
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