question about insurance

ronano

I would like to set myself up as a sole trader doing walking tours, would anyone know the appropriate place to look for insurance quotes?

another question i have is about setting myself up as a sole trader,do i just need to register business name on cro.ie and then fill in a jr1 form?

Lorelei

What risks are you thinking of insuring against? You are talking to people and then walking around - you have no liability risk (ask a broker), no product or services it is an intelluctual your only danger is someone sueing you because you gave out false information. The basis of any insurance is: insurable interest and insurable risk unless the industry has changed greatly in the last 15 years neither of the above is met in your case.
You can work under your own name in which case no need to register with CRO only need to register if you are going to work under a different name. You should however register for tax with the tax man.
Good luck

Snowdrop

Registering as a sole trader is very simple. There are basically only one or two steps:

1. Register a business name on www.cro.ie( not necessary if you are going to trade under your own name)
2. Download & fill in form TR1 from www.revenue.ie. This form also allows you to register for VAT and as an employer if applicable.

I would also advise that you register on www.ros.ie as a sole trader. Filing your returns online is the way to go.

You won't need to file any income tax return this year. Just keep good records of all your income & expenses in either a spreadsheet or on a computerised accounts package and it will make things a lot easier next year.

If you do register for VAT/Employer make sure you keep your returns up to date and you won't go far wrong.

ronano

thank you both for your replies,they were quite informative