We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Sole trader carries out same activity as his limited company

autoplay · 2024-10-12 08:51:54

I have a problem with a limited private company which owes me money and I have discovered that the director of this limited company is running at the same time a sole trader company which has the same activity as his limited private company I would like to know if this is legal and which law could have been breached

Comments

FFHillbilly Posts: 500 Forumite

17 October 2024 at 5:56PM

only thing I can think of that will get them into trouble is if they are operating 2 businesses (and doing the same business) to stay under the VAT threshold

0