Hi, I am setting up a new account for a new company which is a company limited by guarantee. I have seen advice to use Limited Company and also advice to use Charity (Limited). Are you able to advise which is correct please? Many thanks!
The type of company you select would determine the nominal structure you are given.
You would select:
Sole Trader or Partnership if no corporation tax is paid
Limited Company If corporation tax is paid.
If you are a registered Charity then you would select the relevant Charity option.
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