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When to register for VAT You must register if: your total VAT taxable turnover for the last 12 months was

Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs

Register if you’re self-employed If you have to send a tax return and did not send one last year, you

Who can apply for a National Insurance number You can apply for a National Insurance number if you:

Overview You must keep records of your business income and expenses for your tax return if you’re self-employed as a: sole traderpartner

If you’re a sole trader, you run your own business as an individual and are self-employed. You can keep