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SELF-EMPLOYED

Should I open a limited company instead?

It depends on profit level, domicile status and company running costs. Ltd profit is taxed at 15% corporate tax, then dividends carry 5% defence contribution (0% for non-doms) plus GESY capped at €4.770. Try the Ltd vs Self-employed tool in Workspace — and confirm with an accountant before incorporating.

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Guidance, not tax advice — confirm with a licensed accountant. Figures last verified: July 2026.