ReceiptTrack

How to register as a sole trader in the UK

You usually register as a sole trader by registering for Self Assessment with HMRC. GOV.UK says you must register if you earned more than GBP 1,000 in a tax year from self-employment, need proof that you are self-employed, want to make voluntary Class 2 National Insurance contributions, or need to register for CIS. The important bit is not just the form: start keeping records as soon as you trade, because your first tax return will depend on those records. A practical first-step guide for people who have started earning from freelance work, side jobs, trade work, selling, or services.

Key takeaways

• Sole trader registration is linked to Self Assessment, not a Companies House company setup.
• You need records from the start of trading, even if you do not submit a return until later.
• A separate business bank account is not always legally required for a sole trader, but it makes admin cleaner.
• ReceiptTrack can help with the evidence layer: receipts, notes, categories and exports.

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