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What is the difference between a sole trader and a private trader?

Hello,

I've written a book which I will be selling soon, I wondered, what is the difference between a Sole Trader and a Private trader? Which would I be?

I know a Sole Trader would be self employed but what is the definition of a private trader - is it if you are just selling one or two items?

Many thanks in advance for replies :)

1 Answer

Relevance
  • Tavy
    Lv 7
    7 years ago

    A Sole Trader owns a business, a private trader sells stuff on ebay.

    UK

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