Tag: national insurance
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Sole Trader vs Limited Company — Which is Better for Tax?
Choosing between a Sole Trader and a Limited Company affects your tax, liability, and business structure. This guide breaks down the pros and cons, tax rules, and how to decide what’s right for you.
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Navigating the Complex World of Tax Compliance for Small Businesses
Running a small business in the UK comes with many responsibilities, and tax compliance is one of the most critical areas that demand attention. Failing to stay on top of your tax obligations can lead to penalties and unnecessary stress, but with the right approach, it’s entirely manageable. Here’s a guide to help you understand…