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!
Can I set up a limited company as an attempt at Permitted Work while on ESA Support Group?
Comments
-
Yes, it's taxable income.pmlindyloo said:
PS. Do you have to report Permitted Work earnings to Child Tax Credits?????Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
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.0 -
AvivaNightmare said: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.
0 -
DressingDown said:
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.1
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
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards