This is general information, not tax or legal advice. Check gov.uk or ask an accountant.
What a sole trader is
You and the business are the same legal person. You keep the profit and you are responsible for the debts.
Register with HMRC
Register for Self Assessment with HMRC. The deadline is 5 October after the tax year you started trading.
Gov.uk also sets a £1,000 trading allowance. Check how it applies to you.
Keep records from day one
Record every payment in and every business cost out. Software, insurance and payment fees all count as costs.
Get insured
Ask an insurer who covers fitness professionals about professional indemnity and public liability. Ask whether online coaching is covered.
Handle client data
Health answers are personal data. Check whether you must pay the ICO data protection fee. Write down where client data is kept.
Set your price with the costs in
The price calculator shows what you need to charge once costs and payment fees are included.
Where Trainersight fits
Trainersight keeps each client record in one place. That helps when you need to show what you did.
Register your interest
Trainersight is not open to new coaches yet. Try the sample dashboard, or leave your details and hear when it opens.
Your details are in. You will hear from us when Trainersight opens.