Hi all,
Thanks Terry, a great post on the Ltd Company V Sole Trader scenario.
I thought I would just add a
link to this blog page which contains a video and a link to a spreadsheet that can be downloaded.
The spreadsheet compares Sole Trader V Limited V LLP V Paye and we originally designed it for Professional Contractors and Freelancers to calculate the difference between various structures , but it can be used by anyone in buisness to see the difference in net income between various structures, assuming all income is distributed.
I hope it is of some help
Phil