Monthly Archives June 2019

What is best for your New Business?

Setting up in Business, and confused about whether you should opt for Sole Trader, Limited Company status, or a Partnership? Read below. Sole Trader This is generally the simplest option, and the route many take, especially when starting up. Effectively, you are the business – from a tax and legal perspective! You are personally responsible for running the business, and you decide if and when you want to stop operating. You are also personally responsible for any debt the business may incur. Some of the benefits include: Setting up is very simple – you can simply register online with HMRC,
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