As its a sunday and i am unable to contact an accountant i thought i would ask wise mumsnetters a question - i hope someone can help.
I formed my own company a few months ago - all legit and incorporated via companies house but until now havent been actively seeking clients so i the company hasnt made an income yet.
Out of the blue i have had 2 friends contact me to provide some work for them and their businesses so i now need to get my head around whether its best to just freelance as a sole trader (and make my company dormant) or just go with it and use my company? At this stage i very much doubt my business will be a big money earner - its just providing admin support to small businesses on an adhoc as needed basis) so i am wondering if the expense of running a ltd company will be worth it?
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Ltd Co -v- sole trader?
6 replies
VirtuallyMe · 08/01/2017 14:06
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