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Podcast: Wealth Made Simple Podcast
Episode: Sole Trader vs LTD Co
Description: In this episode, Shaz covers the main differences between a sole trader business and a limited companyHe shares an informative overview of the benefits and looks at some of the different reliefs and allowances that can be claimed through a sole trader business and a limited company  KEY TAKEAWAYS The accounts are simpler with a sole trader business and there is more flexibility to add partners There is unlimited liability and you are personally responsible for any debts Losses can be carried forward but allowances and reliefs need to be used Finance and funding a...