Hi,
I'm currently a registered limited company, but it is a lot of admin and extra costs for accounting purposes due to all the extra paperwork and tax return details!
Would anyone recommend staying as a limited company or is it better to be a sole trader?
Pros and cons for both please?
Thanks
Gemma
Hi Gemma, I have done both and on reflection feel that it is better to be a sole trader - unless you are planning on employing others? As a sole trader you have far less admin and the whole process is just so much easier and more fitting to a single Therapist working with clients directly. Hope that helps.