Confused about having 2 jobs

daytripster

Hi,

Myself and my husband formed a consultancy company in 2007. The company has not made any money in the last 6 months. I have an interview for a job next week and I was wondering what I need to do as I am registered as a director for our company and although I am not earning I would like to keep the company active.

Any information would be gratefully received.

poker_face

equitycreditloan wrote: »

If you can multi-task and your company policy allows holding two jobs simultaneously then I say you go get that job. Otherwise, weigh whichever you think best benefits you and your family.

You can do both as far as you tax return goes as well if thats what you were thinking.

cte1111

If you take the other job, then you will need to fill in a P46 stating that you have another job. It's no problem, as long as your future employers do not have a clause in their contract restricting other work.

Alternately, you can stay as a director of your company, but not be an employee. If there are any profits, then they can be taken as dividends. This is only really valid as long as you are not doing any actual work for the company.