Legal type

Sole Trader

United Kingdom · Self-employed individual. Unlimited liability, Class 2 + Class 4 National Insurance.

Everything a Sole Trader needs to manage their finances — pre-configured social rate, VAT base, and deadlines for United Kingdom.

9%
Default social rate
Quarterly
VAT regime
GBP
Currency

Sole Trader specifics

Social charges

Default rate of 9% on remuneration. Customizable per entity if your situation differs.

VAT treatment

Subject to VAT by default
Default regime: Quarterly

Compare with other United Kingdom legal types

Switching between legal types? See how each one stacks up — same app, same data, just different config.

Manage your Sole Trader finances the easy way

7-day Pro trial — no credit card required. Already configured for Sole Trader in United Kingdom.