There’s the badger.. I rely on the advice of tax professionals and do not want the hassle of running my own limited company.
I was trading as a sole trader in the 90’s and noted the increasing scrutiny by HRMC Of my spread of employments, and the increasing disinclination for anyone government related to use sole traders - they wanted me to be a registered business so they could be 100% square with the taxman. When I spoke to my accountant, he said the future was fully incorporated business and all the Pfaff that goes with that, or give it up and go back to PAYE, What about this new IR35 thing? ‘Wouldn’t touch that with a bargepole’.
It was no secret HRMC was on to hidden employment even in the late 90’s.
An aweful lot of ‘self employed’ weren’t , and the worst offenders were local authorities and the NHS who spoiled the pitch for the genuine self employed.