10 Key advantages to have a Limited Company (Ltd) vs Sole Trader Starting up as a sole trader is without doubt the simplest way to start a business in the UK. All you need to do is inform HMRC that you are working as self-employed, and report your... Read more
HMRC: Business Tax and Registration Once you have registered a business, you might need register for certain business tax. Corporation Tax If you run your business as a limited company, you must pay Corporation Tax on profits... Read more
Sole Trader: Set up & Register a Business in the UK Sole Trader Sole Trader means you run your own business as an individual. If you start working for yourself, you’re classed as a sole trader. This means you’re self-employed... Read more
Limited Company (Ltd): Set up & Register a Business in the UK Limited Company by Shares Limited company means the business is a separate legal entity, has separate finances. Limited company by shares, means the company has shares and shareholders,... Read more