Why Your Business Structure Matters

For influencers and creators, choosing the right business structure is one of the most critical financial decisions you can make. Many start as sole traders, which is straightforward and requires minimal paperwork. However, as your income grows, operating as a sole trader can result in higher tax bills, as you’re taxed at rates of up to 45% on your profits.

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The Benefits of a Limited Company

Switching to a limited company can provide significant tax advantages. With a limited company, you pay corporation tax on profits (currently 19%, rising to 25% for some businesses) and can withdraw funds as a mix of salary and dividends, which is often more tax-efficient. Additionally, operating as a limited company provides personal liability protection, ensuring your personal assets are safe if the business encounters financial difficulties.

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How Fintara Can Help You Transition

Fintara specializes in helping influencers and creators choose and set up the right business structure. Whether you’re just starting out or ready to scale, we provide tailored advice to ensure your business is compliant, efficient, and optimized for growth.

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Contact Fintara today to explore the best business structure for your financial success.