Sole Trader vs. Limited Company: Choosing the Right Setup

Feeling uncertain about your business setup? In today’s episode, we’re tackling one of the biggest decisions for freelancers in the UK—should you be a sole trader or set up a limited company? I’m joined by Janet Knapton, a Chartered Accountant and expert in helping freelancers make smart, tax-efficient decisions. Janet breaks down the pros and cons of both structures, helping you decide which one is right for you and your business. You’ll get clear, simple, and actionable steps to make this crucial decision, and tips on staying tax-efficient while focusing on what matters most: growing your business. For more resources, including links to Janet Knapton’s website and social media, check out the episode page . If you found this helpful, make sure to listen to our next episode for more expert tips on managing your finances as a freelancer! If you liked this episode, discover the full series . Listen to PensionBee’s monthly podcast, The Pension Confident Podcast to better understand the world of personal finance and pensions: Connect with Emilie: Sign up to The Edit newsletter Follow Vestpod on Instagram Enroll in our upcoming bootcamps Get Emilie’s book: You’re Not Broke, You’re Pre-Rich Thank you to our partner PensionBee . With PensionBee you can combine, contribute and withdraw online. Take control of your pension, so that you can enjoy a happy retirement and join over 265,000 customers saving with PensionBee. When investing, your capital is at risk. Hosted on Acast. See acast.com/privacy for more information.

You can listen to Sole Trader vs. Limited Company: Choosing the Right Setup online on Radio and Podcast. Open the player on this page to stream the available audio.

Sole Trader vs. Limited Company: Choosing the Right Setup is an episode from The Wallet by Emilie Bellet.

This episode is 24:54 long.

This episode was published on Feb 6, 2025.

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