Sole Trader vs Limited Company calculates whether or not you are better off as a sole trader or limited company. Simply enter your annual profits and the calculator does the rest.
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If you see a benefit in setting up a company I recommend going to Company Formation, as they are quick, easy, cheap and provide support services.
2 Comments
Very interesting. More details please.
Hi Berenice, thanks for your comment. If you want details on setting up a new company ave a look at my other article ”Setting up a New Company” 5th October. The process is straight forward. Usually and each persons situation is unique, one pays company dividends to oneself rather than a salary. Best to get an accountant to give you some initial advice but you can set up the company yourself as it will be more cost effective. Hope this helps.