
Choosing Company Structure for Consultants
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Choosing the right Company Structure
Selecting the right legal structure for your consulting business is vital. From sole traders, to partnerships, to limited companies, we tailor solutions to optimise your financial strategy.
Business Solutions for Consultants
Understanding each legal structure’s implications, from sole trader to limited company, is crucial for consultants. We provide the expertise to guide your choice, maximising tax benefits and finding the solution that’s best for you.
Here are some of the areas that we we can help you as a consultant.
- Claiming Expenses
- Should I be a Limited Company?
- National Insurance
- Tax planning
- Accounting and Tax
- Pension Schemes
- Tax Enquiry Protection
Selecting the Right Structure.
A limited company can offer consultants significant tax advantages, including reduced taxation rates and increased flexibility, leading to potential savings. By selecting the right legal stricture for your private income you could:
- Share income with spouses or family members.
- Benefit from lower rates of taxation.
- Save on National Insurance.
- Implement a wider range of tax planning strategies.


Personalised Corporate Strategy
For consultants considering a limited company, we offer personalised consultations to evaluate if this structure aligns with your financial goals and personal circumstances, considering factors like IR35 and tax efficiency.
“They show a high level of integrity and I value that”
Khalid Ismail, General Practitioner of over 30 years and Senior Partner of South Lewisham Group Practice in South East London explains what he values the most from working with our Nichols & Co team and how we support their medical practice.
Get in touch
Contact us for specialist medical accountancy services for Consultants
If you’re looking to plan your finances for the future or trying to find an answer to a problem then get in touch today.
Telephone: 020 8850 3300
We’re open from 9am to 5pm Monday to Friday. We are closed on bank holidays.
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