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You send them your monthly invoices and expenses; They collect the cash, do your monthly payroll, pay your tax, | You send them your monthly invoices and expenses; They collect the cash, do your monthly payroll, pay your tax, | ||
and transfer your wages into your accounts. | and transfer your wages into your accounts. | ||
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'''The Pros:''' | '''The Pros:''' | ||
<ul> | <ul> | ||
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A Sole trader is a one-man band. You send out your own invoices, keep a record of your own expenses, and pay yourself. | A Sole trader is a one-man band. You send out your own invoices, keep a record of your own expenses, and pay yourself. | ||
At the end of the year you declare your taxes to the revenue. | At the end of the year you declare your taxes to the revenue. | ||
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'''The Pros:''' | '''The Pros:''' | ||
<ul> | <ul> | ||
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A Limited Company is a registered company with limited liability and directors, and all that grown up stuff. | A Limited Company is a registered company with limited liability and directors, and all that grown up stuff. | ||
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'''The Pros:''' | '''The Pros:''' | ||
<ul> | <ul> | ||