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Thanks very much for the quick reply.. To be honest I can't make my hand up on whether I should open up a limited company or register as a sole trader?
I know that there are some people who'd be more likely to buy from my company if it was registered..
But I also know that it is ore beneficial to be a sole trader when profits are below £x?
Can someone please explain when it is more beneficial to have a limite company and when not to be?
And do you really end up paying a LOT more tax when a limited company, so much that it is not worth opening one even if you'd get more customers?
Hope that all makes sense! Thanks!
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