Limited Company Vs Sole Trader – Understanding the Tax

Limited Company Vs Sole Trader – Understanding the Tax

You may or may not have heard the stories in the media about other countries complaining about Ireland’s ‘unfair’ tax rate. In case you didn’t know, they are referring to the Corporation Tax rate in Ireland which at 12.5% is considerably lower than most countries. For example Belgium’s rate is 25%, Austria’s is 25%, Greece’s…

3 Compelling Reasons to Convert Your Business from Sole Trader to Limited Company

3 Compelling Reasons to Convert Your Business from Sole Trader to Limited Company

Limited Liability: As a Sole Trader you are your business. You are personally liable for the debts of your business. This means that should your business fail your personal assets such as your home and your car can be used to pay off your potential creditors. By setting up a Limited Company you are limiting…

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