Course Details

After further changes, from increases in dividend tax and employer NICs, freezing of thresholds, the introduction of MTD ITSA, together with non-tax changes such as companies house filing costs increase, ID requirements and more FRS 102 1A disclosures, at the same time as cost of living needs increase after-tax requirements, should you advise your clients to be a limited company, sole trader or a trading partnership?


In this course Paula Tomlinson covers the following topics:

  • Reminder of the non-tax differences between sole traders, partnerships and limited companies
  • Main tax differences between sole traders, partnerships and companies – profit or loss-making
  • Tax comparisons between sole trader and sole shareholder-directors and two person partnerships and shareholder-directors at different profit levels.
  • Analyse the comparisons, what they mean and how to mitigate any adverse tax costs.
  • What questions to ask and other factors to help you and your clients come to a conclusion.

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CPD Course Speaker

On The Spot Tax Ltd

Paula Tomlinson

Advising large and small businesses on tax and finance for over 35 years from a Big 4 accountancy firm, to a £4bn turnover private group to now as Franchisor for sole practitioners who want to replicate the value of an in-house tax accountant for their clients under the On The Spot brand.