Sole trader

Formal Neutral

What it really means

The simplest way to be self-employed: you and the business are the same legal person. You keep the profits but are personally responsible for debts, and you report income through Self Assessment.

Chinese explanation
个体经营者(sole trader):最简单的自雇形式:你和企业在法律上是同一人。利润归你,但债务由你个人承担,收入通过 Self Assessment 申报。

Example conversation

A: I've started doing freelance design. B: Register as a sole trader with HMRC — it's the easy option to start.
A:我开始接自由设计的活儿了。 B:到 HMRC 注册成个体经营者——起步最简单的选择。

What you could say back

“How do I register as a sole trader?”

Related phrases

Official sources

Rules and amounts change — confirm important details with the official source.
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Reviewed by the UK Decoded editorial team · Last checked 24 July 2026 · Report a mistake