[ElBarto]

>That goes without saying, yes.

It's arguably not the leanest, then.

IMHO, with payments processing to be setup and legal liabilities it is a good idea to completely separate that from your personal finances. On a more subjective note, it also projects a more profesional image.

It would be good if Jackypot would reply to comments so we could understand what is his issue with setting up a company.

Note, btw that it is not accurate to say that for a sole trader profits up to £12.5k are untaxed as this is the "personal allowance": This amount relates to your personal income as a whole.