In this episode, we delve into the crucial topic of choosing the optimal business structure for tax efficiency. We’ll compare and contrast four main types of business structures: sole trader, partnership, Limited Liability Partnership (LLP), and limited company. Here’s what you’ll learn: 1.Sole Trader: •Pros: Simplicity and full control. •Cons: Unlimited liability and higher personal income tax rates. 2.Partnership: •Pros: Shared responsibility and relatively easy setup. •Cons: Unlimited li...