roguetrader..
my point is that "sole" traders, or self-employed people in general, you have to set aside much more of your income in order to provide many of the financial benefits that those employed in decent jobs have as of right
if you are making a decent income from spreadbetting, comparable to the salary you are earning in a comparably paid job, you should seek to pay considerably less income tax than you would in the comparable job since you have far few benefits (sick pay, pension, holiday pay, redundancy etc), and thus you have to make up the shortfall
my point is that "sole" traders, or self-employed people in general, you have to set aside much more of your income in order to provide many of the financial benefits that those employed in decent jobs have as of right
if you are making a decent income from spreadbetting, comparable to the salary you are earning in a comparably paid job, you should seek to pay considerably less income tax than you would in the comparable job since you have far few benefits (sick pay, pension, holiday pay, redundancy etc), and thus you have to make up the shortfall