Any advice?

FrenchMaid_2

JCS1 wrote: »

OR has no say whether you work or not.

But, that has to be considered alongside any benefits you would receive, the standard of living you would have, and also the business reputation you are building up

Both my husband and I LOVE working. I love my job, I love photography and making people happy with the photos I take. My husband loves his job, he is passionate about it and really, really good. But he also loves us and he would just like to live with his family.

Trollfever

Business Debtline has an interactive Business and Household budget sheet:

http://www.bdl.org.uk/contenten.asp?cid=19

FrenchMaid_2

Trollfever wrote: »

Business Debtline has an interactive Business and Household budget sheet:

http://www.bdl.org.uk/contenten.asp?cid=19

aww thanks for that. that looks very usefull

JCS1

FrenchMaid wrote: »

so upset now. whatever I do, wherever I look there seems to be no solution. contemplating ways to die so my husband can claim the life insurance.

Take it one day at a time, you can get through this.

There's not going to be an easy solution, but there will be something (DMP, IVA, BR) that will be the best one for you.

Speak to the debt charities, talk to your husband and you will get through this.

JCS1

FrenchMaid wrote: »

Both my husband and I LOVE working. I love my job, I love photography and making people happy with the photos I take. My husband loves his job, he is passionate about it and really, really good. But he also loves us and he would just like to live with his family.

So it sounds like moving to be near your husband's work would be best. How does your husband feel about that?

FrenchMaid_2

JCS1 wrote: »

So it sounds like moving to be near your husband's work would be best. How does your husband feel about that?

He wants us to move close to London so he could commute daily, I want to, but I just cannot see how this is possible.

HOLIDAYMAD_2

When you become self employed or in your case work as a freelancer you can work in three ways.

Sole Trader- direct to you is the payment then you off set capital and expendture
Limited Company Status- this is a pain so id avoid this unless you get really good advise.
and being paid via a umbrella company

i use a umbrella so i pay the full stamp if i need benefits such as incap or jsa , i get a gross amount, that is sent to my umbrella company and i submit all my expenses , expenses are not taxed so if your weekly salary is 1000, and your expenses are 400 you pay tax on the 600 , the charge to use a umbrella is low, and you will come out with a lot more than the PAYE system and would not be prob paying 40 % on tax.
if his work is sourced via a agency they normally offer you two ways of working paye or limited , limited means they send the gross to the umbrella and the umbrella pay you.
PAYE allows you holiday pay and normally for those without expenses, my umbrella pays out to 3k people each week and there are tons of them out there.

Google umbrella companies, they do have set levels for bfast, lunch and dinner and a overnight expense, but accom and rail is 100% tax deductable, mileage is normally 40p for the first 10k then reduces to 25p thereafter . Phones, trade subscitions, stamps, stationary etc etc can all be added in as well , most will need receipts.

Id chose one that allowed as much to be considered, most dont ask for receipts for accom under 45 pound per night or evidence of such , over that most ask for a receipt.

On the point of 18k with your income it would in fact pay most of the bills with your income, you may find not much left over, but to be honest most people do not have much left over, living costs are the highest expense we normally have.

Your priority bills are:

Mortage
Secure Loan
Ctax
utility bills
houshold contents and building and life assurance, critical illness cover is not a priority
TV licence

The rest of your expenses are more or less a life style choice factor. i can get buy on 40 pound per week food , that is for a couple and fresh food for the dog. if needed though id have to reduce it and live off budget priced items ie 9p for a tin of baked beans.

So what ever those main ones are is really what you have to pay out to live and have accommodation, after that its down to you.

Someone on JSA as a single person lives on 65 pw, that is it, yes there rent and council tax maybe paid , but that 65 pound pays for bills, food and any extras, the OR is not going to allow you to have a lavish liftestyle over some one on benefits.

My last flat in london in a good area which was a one bed , 10 years ago was 650 pcm. Rentals are really high at the moment in the london area so id be sur!!!!ed if you gained on accom costs if you relocated.

JCS1

FrenchMaid wrote: »

He wants us to move close to London so he could commute daily, I want to, but I just cannot see how this is possible.

Talk to business debtline this week, and start looking for rental properties. It won't be quick, but you will get there.

HOLIDAYMAD_2

Just to add i dont know where you are in the midlands, but bham or coventry to london is a common daily commuter run, many trains out there and prices can be quite reasonable if you buy travel cards in zones ie a get a weekly train card to coventry , then another one to euston , it can bring prices down massively

Birmingham is only 1.5 hours each way.

Yes he will be out early and tired by a friday but home at least at night , i have contracted for the past 5 years and its a killer being away from home.
On approx 1500 gross per week, i think the train each day would halve your costs easily, maybe one night per week in a B & B to break it up.

After 5 years of being away, i would say i got to the point that i was on my knees with exhasution and missed my home life terribly.

dojoman

FrenchMaid wrote: »

so upset now. whatever I do, wherever I look there seems to be no solution. contemplating ways to die so my husband can claim the life insurance.

If this is how you genuine fell then I suggest you contact the Samaritans ASAP.

If it is being said in a flippant manner then I find it highly offensive after l losing 2 family members to suicide.