Hi,
No.
If your turnover from self employment exceeds £1000, then you are required to register as self employed.
You will need to keep business accounts, so that you can claim 100% capital allowance, where appropriate.
You can register as a sole trader at:
Become a sole trader: Register as a sole trader
There is guidance at:
Claim capital allowances: Overview on claiming capital. allowances and
bookkeeping requirements at:
Business records if you're self-employed: Overview
From 6 April 2024, the 'cash basis' becomes the default method of keeping your business accounts. You can opt to use the 'traditional method' instead.
Have a look at the guidance at :
Cash basis: Overview
Thank you