Buying a low emission car - potential tax saving

zygurat789

CKhalvashi wrote: »

This site set up as an unlimited company for whatever reason Martin had for doing so.

Martin was a director of that Unlimited company, rather than a sole trader.

A sole trader is not a company.

I'm director of ABC Ltd, a limited company
I'm also director of XYZ Taxis LLP, a Limited Liability Partnership
I'm also a sole trader, DEF Taxi, a sole trader using my own name.

Not so much the last any more, just when I get time.

But a sole trade may be a company.
There is nothing that says a company has to be constituted as a limited liability company or an unlimited company

CKhalvashi

zygurat789 wrote: »

But a sole trade may be a company.
There is nothing that says a company has to be constituted as a limited liability company or an unlimited company

I am talking in companies house terms.

A sole trader would carry on a business in their own name.

zygurat789

CKhalvashi wrote: »

I am talking in companies house terms.

A sole trader would carry on a business in their own name.

Absolutely not

A sole trader can carry on a trade under any name he chooses subject to conflicts etc. Companies house has nothing to do with sole traders

As a soole trader I can carry on business as A & Co or B & Co or C & Co etc etc and Companies house won't bother me.

Suarez

zygurat789 wrote: »

This bit applies to sole traders and Income tax, of course and a sole trader may trade as a company.

Your lack of knowledge makes me chuckle :j:beer:

zygurat789

Suarez wrote: »

Your lack of knowledge makes me chuckle :j:beer:

There's none so blind.....................