Hi all I am hoping to try my hand at a bit of freelance illustration soon and was planning to set up as a sole trader. I was wondering though, do I need to inform HMRC that I am a sole trader when I first start looking for work or can it wait until I receive my first job as I am aware that I would need to start paying national insurance as soon as I register? Also, do I need to register as self employed before opening a business bank account? Any help is much appreciated :happy
