Feature: Domicile
March 5, 2018
Feature: Property Developers/Investors
March 19, 2018
Feature: Domicile
March 5, 2018
Feature: Property Developers/Investors
March 19, 2018

Featured: Peace of Mind for Those with Unlimited Liability

 

If you are self-employed, running your own business and are set up as a sole trader, this may be useful for you!

There are many legal structures of business, from large Public Limited Companies (PLC), to Limited Liability Companies (LTD) and Limited Liability Partnerships (LLP) all the way to sole trader. If you are a sole trader, one of the main characteristics of your business is that you are 100% responsible for it. Your liabilities are the business’s liabilities and the business’s liabilities are your liabilities. Therefore, if the business owes money, you are personally responsible for the debt.

If you run your business as a sole trader, you may wish to give some thought to your other assets, as your savings, investments and even your home could be vulnerable if your business goes through a difficult period. There are ways of protecting these assets, if you structure your affairs the right way.

To find out more, get in touch by telephone or email to arrange a full confidential review at no cost!

Go to Business-related Download page

Comments are closed.