Sole Trader or Ltd Co?

If you’ve been trading for 2 years or more you can reduce your tax liability for your next £100,000 of profit to around £3,000 if you sell your existing sole-trader business to a limited company owned by yourself.

Ask a proper accountant about ‘Taper Relief’.

Posted under Courier Financial Issues

Posted by Alec at 9:01 am, September 20, 2007

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