One of the mysteries of the English language finally explained.
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’
- ‘The clients themselves have preferred to contract, usually through an employment agency, with a service company rather than with an individual sole trader.’
- ‘Many business start as sole traders and form limited companies as they expand.’
- ‘Many firms, especially sole traders and partnerships, do not qualify for relief because of the complex rules that surround the tax credits.’
- ‘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.’
- ‘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.’
- ‘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.’
- ‘These independent artistic networks are composed of freelancers, the temporarily employed, sole traders, and micro-businesses.’
- ‘If you are a sole trader or partnership, give your business name and address in case information is held under these details.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.