Can't decide whether to go Limited

Freelancers' Questions: Should I set up a limited company instead? :: Freelance UK

:banana

Crunch looks very pretty, although I heard they were having financial difficulties, which is kind of ironic.

I'm still a sole trader right now, doing a little freelance work on the side, but if I ever form my own limited company, I'll probably go with SJD contractor accountants because they specialise in small businesses.

I started out as a limited company so have never been in the situation that I've had to make the transition.

When you say your accountant is 'pleading with you not to become Limited' is that an accurate description, or is it more that they are advising against the switch? It implies different things. A competent accountant will weigh up the pros and cons of each route with you (as mine did when I first set up) and come to a conclusion over which way is best, explaining the reasons for that as they work through it. Obviously though, accountants tend to look at the figures and the bottom line - they can sometimes overlook the issues of how you will be perceived and whether one route or other will be a help or hinderance to getting work in the first place.

Have a full conversation with your accountant and take their advice on board - that's why you pay them after all. If still in doubt speak to a different accountant and see what they say - a second opinion costs nothing.