Choosing Between Sole Trader and Limited Company (UK Guide)

Webinar Recording: Limited Company vs Sole Trader – Making the Right Choice

Originally aired: Wednesday, 21 January 2026

Choosing between trading as a Limited Company or Sole Trader is one of the most important decisions you will make when starting or growing a business. The structure you choose affects your tax position, personal liability, profit extraction, administrative responsibilities, and long-term business strategy.

In this practical and informative webinar, the team at Langricks Chartered Accountants guide you through the key differences between a Limited Company and Sole Trader structure, helping you decide which option best supports your business and personal goals.

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What This Webinar Covers

If you are starting a business in the UK or reviewing your current structure, this session provides clarity on:

• The key differences between a Limited Company and Sole Trader

• Tax implications of each structure

• How profits are taxed and extracted

• Personal liability and financial risk

• Administrative and compliance requirements

• When it may be beneficial to incorporate

• Long-term considerations for growth

Whether you are a start-up founder, freelancer, contractor, consultant, or established business owner, understanding the advantages and disadvantages of each structure is essential for making the right choice.

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Limited Company vs Sole Trader: Why It Matters

Your business structure impacts:

• How much tax you pay

• How you pay yourself

• Your exposure to financial risk

• Your credibility with customers and lenders

• Your ability to scale and attract investment

There is no one-size-fits-all solution. The right decision depends on your turnover, profit levels, appetite for risk, future plans, and personal circumstances.

This webinar provides practical, real-world insight to help you make an informed decision with confidence.

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Who Should Watch This Webinar?

This session is ideal for:

• Individuals starting a new business

• Sole traders considering incorporation

• Contractors and freelancers

• Growing businesses reviewing their structure

• Anyone comparing Limited Company vs Sole Trader in the UK

If you are unsure whether to remain self-employed or form a limited company, this recording will help you understand the financial and strategic implications.

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About Langricks Chartered Accountants

Langricks Chartered Accountants are a team of experienced specialist accountants, tax advisers, and financial business consultants based in:

• Wilmslow, Cheshire

• Holmfirth, Huddersfield

We support businesses and individuals across the UK, advising at every stage of the business lifecycle — from start-up and structure planning through to growth, succession, and exit.

What makes us different is our commitment to supporting you throughout your entire business journey. We focus not only on compliance and tax efficiency but on helping you achieve your ultimate business and personal goals.

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