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!
Hello @CHJ944
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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