UK business set-up advice
UK business set-up advice
Out of context: Reply #3
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- Morning_star0
^^
Just be aware that by setting up a Limited Company in the UK you must legally adhere to all the regulations surrounding Tax/Accounts/Directors. Inland revenue will also be a little more suspicious.If you are a Director you will be required to produce two sets of accounts, one for the company and one for yourself. Ultimately the Limited Company is a safer option BUT it's more work and more complex.
If i was you i'd become a sole trader and find yourself a good accountant. It'll cost you £30 a month and they do all you tax bullshit for you.