UK Sole Trader

Topic summary

  • Main issue: How to set up an online store’s payment system when registered as a sole trader rather than a limited company.
  • Context: Sole trader = individual proprietor (not a Ltd company); seeking payment configuration appropriate to this business type.
  • Requested details: Practical steps or requirements for payment setup under sole trader status.
  • Status: No responses or decisions yet; the question remains open and unresolved.
Summarized with AI on December 16. AI used: gpt-5.

HI,

Im setting up my online store in here and am currently registered as a sole trader NOT a Ltd company. How do I set up the payment system as a Sole Trader please?