Simon Thomas is managing director of Oxford-based chartered accountants Ridgefield Consulting Ltd.

Sole trader

Can I switch a limited company to sole trader?

Yes you can, says Simon Thomas of Ridgefield Consulting. But you have to follow these steps to wind up your limited company first

Sole trader

5 most common tax mistakes when you’re self-employed

Getting on the wrong side of the taxman can be extremely unpleasant and costly. Simon Thomas offers 5 tips to help you stay out of trouble