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!
setting up as a sole trader BUT..
 
            
                
                    brightandbeautiful                
                
                    Posts: 1 Newbie                
            
                        
            
                    I run (someone else's) business in a limited company and all my income is a monthly share of dividend. It is quite a small amount and I am looking to register another business as a sole trader to make ends meet. Does anyone know what the HMRC rules are on this kind of situation as I'm worried that the tax will wipe all my income?                
                0        
            This discussion has been closed.
            Confirm your email address to Create Threads and Reply
 
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards