Help with self employed/sole trader financial prep

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Advice forum

Treetops
21.03.2026 14:13:03

1

I am just realising that as a sole trader who is self employed my 'job' is counted as a 'business' with value.

How do I best prep for the disclosure and negotiation of its value?

My earnings are small, particularly over the last few years due to illness (a separate consideration) and I have no employees, currently no pipeline.

However, I do keep some money in the account for tax and also for running costs over the next 12 months or so, for subscriptions, IT etc, there are no premises and no stock.

As it's not a massive concern, how should I best value it? As I also disabled and this is increasingly affecting earning capacity, however, so it's going to be important to get it right. Should I go to a forensic accountant, (how much would this cost) or a normal accountant, or ask a solicitor?

Thank you.

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