Frequently asked questions with your sole trader.
Firstly, whilst some might feel the need to give long and laborious, we like to keep things nice and simple here. If you want to read up on the technical stuff, check out the FREE STUFF section. Otherwise, we’ll keep these answers nice and short to keep you awake, however, if you have any questions that we’ve not covered below then please feel free to live chat with us now.
I would like to join your sole trader so what’s next?
Thank you and congratulations. We have an easy to use online registration set-up – please click here.
Do you charge me for setting up?
We won’t make any charges that you’re not already aware of so there are no nasty surprises with us – everything that you’ll have to pay for is listed upfront for you. You only pay for what you use, when you use it. For specific prices for each service provided by your sole trader please click here.
Can I switch to your sole trader from another provider?
Yes, absolutely. All you’ll need to do is let them know. They might have you tied into a notice period, which unless they agree otherwise, you’ll have to serve. But it’s completely your right to choose the provider of your choice, and after all, as you will find out the cps group is the best!
All payroll companies are the same, right?
Wrong. There are plenty out there who do not have your interests at heart, so make sure you do your homework. Offshore? Loans? Guaranteed % take home? No insurance?
Avoid these like the plague!
What is a sole trader?
A sole trader is a self-employed person running a business without having a limited company in place. He’s registered with HMRC and pays self-employed taxes. You can hire a service like your sole trader to assist you with the administration of your business.
Do I become your employee? Are you my Employer?
When working as a sole trader you are not employed, you are in business of your own account. your sole trader simply administers your payments.