First Business Steps
Starter Pack

Sole Trader Starter Pack

Everything you need to set up as a sole trader in the UK — registration steps, records to keep, key deadlines, and a clear first-week action list.

What's included

Setup Guide

Clear steps to register as a sole trader with HMRC.

  • When and how to register for Self Assessment
  • What information you need to provide
  • How to set up your UTR and Government Gateway
  • National Insurance — what applies to you

Records and Bookkeeping

What records to keep and how to stay organised.

  • Income and expense records
  • Receipts and invoices
  • Simple spreadsheet or software options
  • What HMRC expects you to track

Deadlines and Obligations

Key dates and filing requirements for your first year.

  • Self Assessment registration deadline
  • Tax return filing deadline
  • Payment on account dates
  • VAT threshold awareness

First-Week Action List

Practical steps to take in your first week of trading.

  • Open a separate bank account
  • Register with HMRC
  • Set up a simple record-keeping system
  • Understand your basic obligations

Who is this for?

This pack is designed for first-time sole traders in the UK who want clear, practical guidance on getting set up. If you are freelancing, running a side hustle, or starting a small service business on your own, this is for you.

Not sure if sole trader is right for you?

Try our free Structure Checker
£29one-time payment
  • Step-by-step registration guide
  • Records you need to keep from day one
  • Key tax deadlines for your first year
  • Simple bookkeeping basics
  • First-week action checklist

Secure payment via Stripe. Instant access after purchase.

Important

This output was generated based on the answers you provided and publicly available UK government guidance. It is designed to help you understand what commonly applies in situations like yours. It does not constitute personalised tax, legal, or financial advice. For advice specific to your circumstances, consult a qualified professional.

Last updated: 2026-04-14