Compare Sole Trader And Limited Company
compare_sole_trader_vs_ltdCompare the tax and take-home of trading in the UK as a sole trader against a limited company, at a given profit. An estimate for the current UK tax year. Needs no account.
Tool call template
Replace each placeholder with a value matching the input schema. Only required parameters are included; add optional parameters as needed.
{
"id": 1,
"jsonrpc": "2.0",
"method": "tools/call",
"params": {
"arguments": {
"profit": "<profit>"
},
"name": "compare_sole_trader_vs_ltd"
}
}Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| profit | Yes | Annual profit before tax, in pounds. | |
| company | No | Which company to read, by name or id, when the account has more than one (see list_companies). Leave it out to use the only company, or the default. | |
| extra_running_costs | No | Extra yearly costs of running a company (accountant, software), in pounds, if known. |