Sole trader, Partnership, LLP or Limited Company

Sole trader, Partnership, LLP or Limited Company

This blog gives you an outline of the different business structures you can trade through. Your business format is not set in stone forever and you can change between them. It is fairly simple for a sole trader to take on a partner and become a partnership and for a...
Sole Trader VS Limited Company

Sole Trader VS Limited Company

Sole Trader This is the simplest form of business to start where you carry on business on your own account. You are liable to income tax and Class 4 National Insurance on your profits. You can employ people including your spouse, as long as they are paid only for the...