How do sole traders create a sensible tax buffer?

Income is irregular and I do not want a surprise bill.

About this guidance: My Business Path prepared and reviewed this general guidance as a practical starting point. It is not advice tailored to your circumstances. Check current official guidance or ask a qualified professional when the decision depends on your circumstances.

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My Business Path starting point

Use a separate savings pot and move a cautious percentage from each payment. Update the estimate as profit changes and seek tax advice for your circumstances.

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