Should I register as a sole trader or limited company?
Most Utmost carers choose to register as sole traders, meaning they are the only person working for their business.
A limited company means that the business has its own legal identity separate from its owners (even if it only has one person working for it).
Completing tax returns is a different process for both these self-employed statuses.
If you register as a limited company, you will need to supply extra information when completing your tax returns