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Can I set up a limited company as an attempt at Permitted Work while on ESA Support Group?

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Comments

  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    PS.  Do you have to report Permitted Work earnings to Child Tax Credits?????
    Yes, it's taxable income.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
  • H @DressingDown
    did you find out if this was ok, I’m in same situation in support group but IT savy & could do a few hours a week with a Ltd company set up. 
  • poppy12345
    poppy12345 Posts: 18,910 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    H @DressingDown
    did you find out if this was ok, I’m in same situation in support group but IT savy & could do a few hours a week with a Ltd company set up. 

    The OP hasn't been active since May so you may not get a reply.
  • seatbeltnoob
    seatbeltnoob Posts: 1,397 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 1 November 2021 at 12:34AM


    But I have a choice between becoming a sole trader, and being a director of a limited company. I'm advised by the accountant to do the latter.


    of course they would advise that, it's more money for them in accounting fees. sole trader/self employed person you dont even need an accountant. A Ltd you're looking at minimum £600 in accouting costs.

    it's more pertinent that you tell us what sort of business you're pursueing so I can suggest the best structure.
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