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Sole Trader Vs Limited Company
Choose a business structure that’s right for you.
Different financial and legal frameworks exist for businesses registered as sole proprietorships and limited companies.
One of the many factors to consider is tax, such as income tax and National Insurance, and corporation tax. Other considerations relate to the sorts of finance you'll need for your business, and your attitude to risk. And with some of the tax rules for limited companies having changed, it's always worth reassessing any impact that this may have on your business.
We can talk you through the details of the two types of business structure, and help you compare the tax efficiencies and benefits so that you’re able to make a more informed decision on what’s right for your situation.
Contact us today for a free initial consultation and begin to find out what a difference we could make to your financial peace of mind.