Sole Trader vs Limited Company in the UK?

If you're thinking of setting up in business or perhaps you're already self employed, at some point you're going to need to make the decision of whether to set up a limited company. In this video I'm explaining the difference between a limited company and a self employed sole trader in the UK. What are the pros and cons of going limited, how much does it cost and why it might not be the best move for all businesses.
You can read the full article to accompany this video here:
smallbusinesstoolbox.uk/start...
There more information here about names you can't use for a sole trader business: www.gov.uk/set-up-sole-trader
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#SelfEmployed #LimitedCompany #SmallBusiness