Sole Trader vs Ltd: Mathew Explains the 2025 Reality

A lively meeting this week with 23 members attending, 8 referrals exchanged, and over £21,000 in business passed between us. Mathew from MBE Accountancy delivered a clear and insightful presentation on the pros and cons of trading as a sole trader versus a limited company. He explained the legal and tax differences, with a key message: while limited companies still offer strong legal protection, the tax benefits have mostly disappeared. For most small businesses, the decision now hinges on liability, not tax savings. A valuable session for anyone considering their business structure or advising clients on theirs.