Starting a new business? Get 40% off our accountancy services for 3 months! 😎


According to recently released data from Simply Business, a broker for business insurance, females are responsible for 37 percent of new start-ups in the UK. In 2011 43,000 women became sole traders against the 2010 figure of 34,000. The data was gathered from 117,000 requests for business insurance from newly self employed individuals, with women who had a service led business or creative business were responsible for a 12 percent growth in sole trader figures.

An increased number of females are setting up their own businesses as hair dressers, beauticians, caterers or pet sitters. During the period of October 2010 to October 2011, 4.1 million people registered as self employed, which is a record high. Figures released from Companies House database confirm the increased number of micro businesses, with figures on 18th December revealing 2.5 million active accounts.

Dr Richard Roberts, SME analyst for Barclays said that the number of self employed traders is ‘in the middle of a boom.’ However, Roberts does point out that the increased number of self employed may be due to the increase in unemployment which results in a different career path for some. Simply Business believes that the real force behind start ups is women who have an innate skill for spotting “emerging lifestyle trends.” The tenth most popular trade for females entering self employment is accountancy. Figures also reveal that the number of female self employed lawyers has also increased by 16 percent in the last year.

About The Author

Gary Fields

Content Writer working alongside our expert accountants to bring you the latest Tax and Accounting news.

More posts by this author
Notify of
Inline Feedbacks
View all comments

Read more posts...

What is a Non-Established Taxable Person for VAT?

There are special VAT rules in place for online sellers who are classed as non-established taxable persons (NETPs), and use an online…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More

What Type of Legal Structure Should I Choose When I Start a Business?

The structure that you choose when you start a business affects how the business operates, the amount of tax you pay, how…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

Call us on 020 3355 4047 if you’re not sure.