Confused about being a sole trader
A while ago I was employed by a UK company which pretty much went bust. Somehow the former director kept all the staff and equipment by stating a new company as a sole trader. I found this out once they laid me off and I went digging for information on them. Anyway I started my own comapny doing similar work and have just been offered a contract that really requires two people. Can I soehow still operate as a sole trader or did my old employers act illegaly?
Suggest you talk to HMRC.
(Accounting Help) www.accounting-help.co.uk
Sole traders can employ people with no problems. You just need to make sure you register as an employer with HMRC and get your payroll sorted so that you are making all of the correct NI and tax contributions.
Some good advice here http://www.hmrc.gov.uk/employers/employing-someone.pdf