Limited Company vs Sole Trader

Let's have a look at Limited Company vs Sole Trader (Self-employed) with some clear examples and pros and cons of both Sole Trader companies and Limited companies in the UK.
You might be wondering what is a Limited company in the first place, or even what is a sole trader business. Have no fear your questions will be answered, but you will also get to learn about how sole traders are taxed as well as how limited companies are taxed.
Ultimately this video will help you decide which is best; LTD company or Sole Trader.
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