Freebies
1st Friday
Tax Chat
News
App

To incorporate or not to incorporate

To incorporate or not to incorporate

The age old question…and one that we get asked regularly.

The answer depends on a number of factors, however it is worth reviewing your position as incorporation can lead to significant savings.

For instance, a sole trader making business profits of £50,000 in 2014/15 could save tax of approximately £4,000 per year by incorporating.

Our advice, review your business structure each year to make sure that it is still the best and most tax efficient option.

Share Button