12/10/2026
Sole trader or limited company, which is better for you? 🤔
We've made a free calculator that works out the tax difference in a couple of minutes. It uses this year's rates and even takes into account your partner's lower income, which can make a real difference.
One thing to bear in mind: the extra accountancy fees of a limited company can eat into any tax you save. But a limited company has its own separate legal identity (its own birth certificate!), which can protect your personal assets if the business ever gets into debt.
Timing matters too. If your mortgage is up for renewal, think carefully before you switch, as lenders look at your income differently depending on how you trade.
Try it here: https://carriestokes-my.sharepoint.com/:x:/g/personal/carrie_spotlight-accounting_co_uk/IQAUoJZJ6mAwRqeddPZ5rgBCAQPqxUA1xBBeIq0dfQv0sDI?e=nVGiDe
And if you'd like to talk your numbers through, send us a message. We're happy to help.