ICAEW AND X-FORCES BUSINESS ADVICE SERIES: WHAT BUSINESS FORMAT SHOULD A START-UP ADOPT?
What business format a start-up adopts will affect the amount of tax the start-up pays. It will also impact other areas such as liability for losses, so it should be decided after consideration of the issues. There are three basic business formats. Sole trader This gives you complete control and fewer administrative burdens. But, you […]
