I have been in that situation, Alan, and paid an accountant to do the best for me. It boiled down to paying myself a wage under the tax and NI threshold plus genuine expenses so no tax or tax increase there. I did pay didvidends so, yes, I would now have to pay more from that but as my family were all shareholders the individual dividends were never high so an increase of tax there is minimal. I never paid any corporation tax as there was never any profit. Oh, and I did collect VAT at a higher rate than I had to pay to HMRC so I did make a little on that!

As I or someone else mentioned earlier. If you are in a position to hire an accountant, you will pay less tax than the people who work hardest.