Sole trader vs Partnership

[harbinger]

When one of the party is in 40 %. Ran a limited company ten years back, so a bit very rusty on the tax side.

Hi,

We've been asked to move this into the freelance/self employed section.

Is your question more Limited company v Partnership?
If comparing the two turnover and profit are going to be a big part of it to see whether there is a tax advantage to being a limited company.
There can also be industry preferences and then an LLP could be a consideration.

Havn't posted and disappeared. Just gone down with a bug, temperature over 100F, will get back when better.

a sole trader is one person
a partnership is more than one person
the partnership profit share can be adjusted to take account of tax bands
LLPs are an expensive option
limited company you can each have your own class of shares and issue dividends as and when