For those of you who are still trading as a sole trader or partnership have you considered fully or partially incorporating to reduce the tax payable? This is well worth considering with the end of the tax year fast approaching. We find that most businesses save at least £2,000 per annum upwards in tax and national insurance by taking such action. Commercially their businesses give a better impression and also the owners are no longer personally liable for the trading debts of the business. There has to be a very good reason not to take this option.