Can I set up as a sole trader if I have an IVA?

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KLJC

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Joined: Sun Nov 25, 2018 10:31 am

Post by KLJC » Sun Nov 25, 2018 4:41 pm
Can I set up as a sole trader if I already have a personal IVA?

Foggy

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Post by Foggy » Sun Nov 25, 2018 5:19 pm
You can, as long as you are confident that your income will support the agreed payments. You might find it difficult getting insurances and a business account, however, and you will have to deal with suppliers on a cash only basis -- no credit accounts.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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