Co-working
accounting
coworkingday
workshop
Friday 26 April 2024 . 10:00—17:00

MK:U Coworking Drop-in: Sole Trader vs Limited Company

MK:U Coworking Drop-in: Sole Trader vs Limited Company

Equipping business owners with financial literacy

Join our monthly coworking event, which is brought to you by MK:U Innovation Hub, based in central Milton Keynes.

Our modern coworking space offers a flexible and comfortable setting to get your work done. High-speed Internet connection and innovative facilities, so that you can stay connected and productive. During the day we also provide complimentary coffee and tea to keep you energized, as well as snacks and nibbles.

In addition to a great workspace, our regular event offers networking and collaboration opportunities with other professionals. Our MK:U Innovation Hub is home to over 600 members! You never know whom you may meet and what connections you may make.

On the day

💻 Use our free coworking space to complete your to-do lists, as well as to meet other business owners, freelancers and community supporters. Make yourself comfortable, surrounded by a friendly vibe and a very cosy set-up. And if you require a quieter space, only during our coworking days, you can use the Premium Space for free! Join us from 10:00!

On top of that, we are always preparing something special for you, where you can learn a thing, or two!

⭐ You will have a chance to learn more about the difference between being a Sole Trader vs a Limited Company. Starting at 11:30, our MK:U Innovation Hub Member and expert, Claire Rulton will explain the basic distinctions between operating as a sole trader and a limited company.

This talk will cover legal and financial liabilities, tax implications, and the administrative differences between the two.

When to Consider Incorporation: discussing the factors that might influence a sole trader to become a limited company. This will include reaching a certain level of earnings, the need for limited liability protection, planning for business growth, attracting investors, or enhancing the business’s professional image.

Tax Implications and Advantages: a delve into how tax treatments differ for sole traders and limited companies. Highlighting the potential tax efficiencies of a limited company, such as Corporation Tax rates versus Income Tax rates for higher earners, and the possibility of tax planning through dividends and salaries.

Other taxes: VAT and PAYE in brief

✍️ Bring questions and doubts about this topic with you to get free advice to help you make an informative decision! Free 1-2-1s available after the workshop.

Have a look at the agenda to familiarise yourself with the expert.

Limited spaces are available, so be sure to book your spot now!

  • 2 U0 A8848
  • 2 U0 A8920
  • 2 U0 A8759
  • 2 U0 A8631
  • 2 U0 A7526
  • 2 U0 A6563

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