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starting a buisness while full time employed
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Hi paddyrg , yes that's what I have found out , a lot of people still say ltd and don't really know the whole picture. You end up paying the sameish tax on that just in different ways . Also sole trader is beneficial as you can off set tax on items you have naught for your trade0
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Don't forget you will be able to claim expenses against your tax too0
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Go ltd and leave the money in the company or pay into a pension.0
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