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Sole Trader vs Limited Company

Thread starter SimplyCritical
Start date Apr 8, 2012

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S

SimplyCritical

Free Member

Apr 8, 2012

Original Poster
#1

Other than tax differences, what are the main benefits of being a ltd company rather than a sole trader?

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S

SimplyCritical

Free Member

Apr 8, 2012

Original Poster
#2

Sorry, just the answer to this in the Accounts section.

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TODonnell

Free Member

Apr 12, 2012

#3

You have a legal entity separate to yourself (and your personal assets), which itself can be traded.

Last edited: Apr 12, 2012

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