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Sole trader vs Limited Company - what’s the right structure for …
WebSole Trader Tax Guide. A sole trader is classed as a self employed individual who runs their own business. Being a sole trader is also known as sole proprietorship and is the simplest of business structures. Other business structures exist like being a limited company or a partnership with each option having their own pros and cons. WebTax differences Limited company taxes. Limited companies must pay corporation tax. As of April 6, 2024 it’s 25 per cent, up from 19 per cent previously. This applies to businesses … the drake apts st pete
Sole Trader Tax Guide What is a Sole Trader? and how to register
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