Ltd company or sole trader – pros and cons

3rd October 2023By Maxine FeehelyNews No Comments

Here are some pros and cons of operating as a limited company (Ltd) versus a sole trader in the UK: Limited Company (Ltd): Pros: Limited Liability: Shareholders typically have limited liability, meaning their personal assets are protected from business debts and legal claims. This is a significant advantage in terms of personal financial security. Professional … Read More