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Sale, Manchester M33 3WJ


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Sole trader or ltd company?
With the reduction of the dividend tax allowance to £1,000 from this April and and to £500 from April 2024, many new and existing business people are asking whether it is still beneficial (from a tax point of view) to operate their business as a limited company.

Well, unless a business is only making very modest profits, the answer is usually yes, but just not as beneficial as it was in the past.

We have proivided the following online calculator - feel free to plug your numbers into it and as ever, we are always on hand if you would like to discuss in more detail.
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