Could someone please tell me the difference between Skilled Independent Visa and Sponsored Visa. And the advantages and disavantages, as I have only been in my trade for 5 years.

Thanks

Are you referring to the Skilled - Family Sponsored and the Skilled - Independent visa?

If so, have a look at the details on this page:
http://www.gomatilda.com/visas/skilled_migration.cfm

Best regards.

Alan Collett
alan-at-gomatilda-dot-com
Registered Migration Agent Number 0102534
and a Fellow of the Institute of Chartered Accountants in England and Wales
http://www.gomatilda.com and
http://www.collettandco.co.uk
Offices in Southampton, England; Perth, Australia; and Melbourne, Australia