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Where Taxpayers and Advisers Meet

Can I have a sole trader AND a LTD company?

Benno_81
Posts: 2
Joined: Sun Dec 16, 2018 10:41 pm

Can I have a sole trader AND a LTD company?

Postby Benno_81 » Sun Dec 16, 2018 10:48 pm

I’m a freelance graphic designer in the UK so am a sole trader. However I want to start a second business totally not related selling products on amazon which requires a LTD company. Please can someone’s advise me what’s the best thing to do? Thanks

pawncob
Posts: 4275
Joined: Wed Aug 06, 2008 4:06 pm
Location: West Sussex

Re: Can I have a sole trader AND a LTD company?

Postby pawncob » Mon Dec 17, 2018 5:41 pm

Form a LTD. use that to trade.
With a pinch of salt take what I say, but don't exceed your RDA

Benno_81
Posts: 2
Joined: Sun Dec 16, 2018 10:41 pm

Re: Can I have a sole trader AND a LTD company?

Postby Benno_81 » Wed Dec 19, 2018 10:30 am

Thank you


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