If you run your business as a company you may save a considerable amount of tax. However there may be disadvantages and a sole trade or partnership structure may be better. If your business is in the Wolverhampton area we, at The Tax Owl, can show you the potential tax savings currently available to you from operating as a company.
There may be a number of good reasons for considering use of a company as part of a tax planning strategy. However as you can see, there are many factors to consider. We would welcome the opportunity to talk to you about incorporation and your own specific circumstances in the Wolverhampton area. Please do not hesitate to contact us at The Tax Owl.