I’m launching a new clothes company. The only problem is, I know absolutely nothing about forming a company. I’ve been told that I want my company to be limited by shares, and that seems to be the most popular company type. What worries me is taxes. As a sole trader, I’ve not got a lot to worry about - which is nice. What are the taxes like for limited companies? Is this a relatively efficient structure, or how does it all work?
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