For UK private medical consultants
You're operating as a sole trader and overpaying tax as a result
A personal service company structure can meaningfully reduce your tax liability at typical UK private consultant income levels. Most consultants know they should review this, few have.
Cost of Inaction
Enter your annual private income. The calculator shows your estimated annual tax saving from incorporation.
How it breaks down
- Sole trader tax & NI£55,446
- Optimised limited company tax£41,792
Two minutes, no typing, and I read every one myself.
From Paul
Tell me where that £13,654 is coming from, and I'll come back with the three things to fix first.
A few quick questions, about two minutes, and no typing. I read every one myself and reply with the three things costing you most and where I'd start. If it's useful, we talk. If not, you've still got a clear picture.
No obligation, no sales call unless you ask for one, and nothing automated lands in your inbox.
Paul, Solvable
Frequently asked questions
Why does this problem persist?
The practice was set up as a sole trader and never restructured Reviewing the structure keeps slipping down the list The potential saving is unclear without specialist advice
This is exactly what I do with UK private practices. Answer the few questions above and I'll come back personally with where to start. Paul.