eAccounts Highlights the Benefits of Switching from Sole Trader to Limited Company
Providing Expert Advice on Company Structure and Tax Efficiency
United Kingdom, 17th Mar 2025 – eAccounts, the UK’s leading online accountancy firm, explains why sole traders should consider incorporating a limited company and how doing so can lead to lower tax bills, greater financial security, and enhanced business credibility.
Why Are More Sole Traders Switching to Limited Companies?
Many UK businesses start as sole traders due to the simplicity of setup and minimal administrative requirements. However, as businesses grow, the limitations of being self-employed become more apparent. More entrepreneurs are realising the benefits of switching to a limited company, a move that can provide financial advantages and increased protection.
Kris Corbisiero, Co-Founder of eAccounts, explains: ...