1.8 Which one of the following statements about the regulations governing a sole trader business is correct?...
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1.8 Which one of the following statements about the regulations governing a sole trader business is correct?
a) A sole trader does not need to supply any accounting information about his or her business to anyone.
b) A sole trader must employ an accountant.
c) Sole trader businesses are exempt from completing VAT returns.
d) A sole trader must submit a tax return annually.
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