Duration 3:17

How to Incorporate a Limited Company As a Sole Trader

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Published 27 Jul 2020

Welcome to the TAP business school! As a sole trader, there are plenty of reasons you might be considering restructuring your business to a limited company. One very important reason is that they can be a more tax efficient option! In this video, we look at how to legitimately set up a limited company and cover the following topics: - Choosing an incorporation date - Should you get a business bank account? - How to move over your current VAT and PAYE schemes - What to do with your bookkeeping records - How to prepare to become a director - Should you use a formations agent? If you've found this video helpful, you may also be interested in: Obligations for Limited Company Directors: /watch/gwrfP74iU0kif What is a Limited Company?: /watch/I4V7AxEiUfJi7 You may also like these resources on our website: Choosing the Right Legal Structure for Your Start-up Business - https://www.theaccountancy.co.uk/self_employed/choosing-the-right-legal-structure-for-your-start-up-business-14385.html --- At The Accountancy Partnership we provide client focused, complete online accountancy services for a low monthly affordable fee. Based in Cheshire & London, we offer our online accounting services nationwide, throughout the whole of the UK. http://www.theaccountancy.co.uk

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