Guide
Choosing Your Business Structure Guide
Sole trader, limited company, or partnership? Pros, cons, and tax implications.
What we cover
- Sole trader: simple setup, personal liability, class 2 NI
- Limited company: separate legal entity, more admin, often lower tax
- Partnership: shared ownership, joint liability
- When to switch from sole trader to Ltd
- Director salary vs dividends explained
- IR35 considerations for contractors
- Key questions to ask your accountant
Need help putting this into practice?
We work with businesses across the UK to implement exactly what is covered in these resources.
Get in touch