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Being a sole trader is the simplest way to get started in business. As a sole trader, you can quickly adapt to changes in your business and you maintain complete control over your business. We at KRA will notify HMRC that you have started in business and will prepare your accounts and include your profit in your self assessment tax return. Everybody who is self employed is legally obliged to complete a self assessment tax return. We at KRA will deal with HMRC for you and leave you to run your business and ensure you don’t get bogged down with paperwork.
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