Self-employed: Sole Trader vs Company?
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Psyche
Registered Posts: 187 Dedicated contributor 🦉
Hi there
I am a soon to be qualified MAAT and am planning to become a MIP.
I would like some advice on what are the pros and cons of setting up as a sole trader versus a limited company. I know the tax differences, but in terms of administration are there advantages to becoming a company versus the simpler process of setting up as a sole trader?
Thanks, Psyche
I am a soon to be qualified MAAT and am planning to become a MIP.
I would like some advice on what are the pros and cons of setting up as a sole trader versus a limited company. I know the tax differences, but in terms of administration are there advantages to becoming a company versus the simpler process of setting up as a sole trader?
Thanks, Psyche
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