Tom Ashworth

In this discussion, financial planner Tom Ashworth shares valuable insights on self-employment. He provides practical advice on when to set up a limited company, covering key factors like profit retention and tax efficiency. Tom also tackles budgeting for fluctuating incomes and explains the importance of understanding business expenses. He highlights strategies for withdrawing funds from a company while maintaining compliance. Finally, Tom compares pensions and ISAs for self-employed individuals, making complex topics accessible and actionable.