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Can I sole trade with a personal account?
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So you are trading as a sole trader on a £1.5M turnover?
Yes, what's wrong with this?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
As I said, you're missing out on a trick or two (well several thousand actually!). You are losing out on thousands of pounds worth of tax savings by trading as a sole trader rather than a limited company. I'd find yourself a decent accountant if I was you.berbastrike wrote: »Yes, what's wrong with this?0
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