Accountancy, asked by priyaz12w35, 3 months ago

who is sole trader?​

Answers

Answered by vk150193
2

Answer:

Sole proprietorship

Type of business entity

It refers to an individual who owns their own business and retains all the profits from it. ... A sole trader can keep all the profits of their business after tax has been paid. They must lodge a self-assessment tax return each year, and pay Income Tax as well as National Insurance.


pranitabsingh: a person who is exclusive their own business
Answered by DivineKing37
8

Answer:

Sole proprietorship

Type of business entity

It refers to an individual who owns their own business and retains all the profits from it. ... A sole trader can keep all the profits of their business after tax has been paid. They must lodge a self-assessment tax return each year, and pay Income Tax as well as National Insurance.

Explanation:

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