With the current advice from the pub ‘experts’ to sole traders and partnerships to incorporate a limited company, caution should be exercised before making this important decision.

Have a read through and take note not only of the original post but also some of the replies, which make very valid points. I particularly agree with ‘TaxSorted’ who advises “don’t let the tax tail wag the dog”. If only more advisers were this honest and put the individuality of each clients needs first before urging incorporation – it should always be borne in mind that accountants fees for a limited company always exceed that of a sole trader or partnership!