Putting the appropriate trading structure in place is one of the most important considerations facing any consultant.
Four main structures are available:
– Sole trader
– Limited Liability Partnership
– Limited company
Each one of these could provide tax advantages, depending on your personal requirements, and careful assessment needs to be carried out to identify the relative merits of each one in every individual case.
Our expert team is able to provide a comprehensive overview of a consultant’s particular situation to help identify which legal structure is most suitable for the way they work.