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!
Self employed earnings lower than minimum wage
misscampbell
Posts: 16 Forumite
does anyone know if this any financial help for somone who is self employed and whose earning are below the minimum wage? Thinking of nat insurance help etc?
many thanks
many thanks
misscampbell
0
Comments
-
you already pay less national insurance. You obviously have your personal allowance and maybe childrens/working tax credits but apart from that, it is one of the risks of being self employed.
Also remember that being self employed will mean you get less pension from the state so you may wish to weigh up whether it is even worth you being self employed and perhaps look for an employed option.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Agree with dunstonh, probably better to look for employment.Gone ... or have I?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards