One of the following statements about the sole trader form of business Is correct: a) A sole
Question:
One of the following statements about the sole trader form of business Is correct:
a) A sole trader has to pay corporation tax.
b )
) The sole trader is entirely responsible for the management of the business.
Sole traders submit annual information to the Registrar of Companies.
(a
d) Because a sole trader business is simple it is not necessary to keep any records.
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