We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

child care when going self employed

I'm thinking about becoming full time self employed - this is after having to cancel a job interview today because I couldn't get childcare for my 17 day old.

I'm an academic by career, just waiting for my PhD to be assessed - so I've been sending papers off to journals to be published (these pay between £250 - £750 if they are published - big IF)

I've also been invited to do freelance interviewing work, this evening I'm getting paid £40 for 1 1/2.

I'm also registered as a mystery shopper and have earnt the odd £10

I'm keeping a record of these ad hoc earnings and have informed tax HMRC, tax credits etc.

I'm also considering setting up my own website to sell baby products from but in order to do this I would need childcare which I can't currently afford.

Just wondering if your earnings are nil, due to recently starting a business, whether you can still get help with childcare costs. If I can't get childcare two days a week I can't really set up a new business.
OPs so far £42,139
Original end date Nov 2037 (53) Current end date June 2024 (40) Aiming for 5 years to be Mf
DD1 Oct 2008:), DD2 Jul 2010:), DD3 Aug 2013:)
When life is getting me down I try to remember to thank God for the blessings

Comments

  • Hi Sarahevie

    Why dont you give the tax credits helpline a ring as Im sure they would be able to help you. If you are registered as self employed and work a certain amount of hours per week, I think that is the key point, then you should be eligible for working tax credit and also the childcare element as well.
    Im a registered childminder and some of my parents get 80% of their total childcare paid for them so it really makes a huge difference to their incomes and makes it worthwhile going back to work.
    "I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant." :huh:
  • carkeyz
    carkeyz Posts: 359 Forumite
    I have recently gone self employed and it has been easy setting up childcare.... talk to the tax credits x
    Debt at LBM: £9660.05
    I run my own business and LOVE being self employed!
    I am mummy To my Millie :D


  • Dontknowanymore
    Dontknowanymore Posts: 5,522 Forumite
    Asking this question on the benefits board might get you more answers, you could ask for it to be moved, if I remeber correctly there are a couple of TC advisors who post over there.
    Hope you get it sorted :D
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.7K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.3K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.