I am a self employed bookkeeper, but I have been offered a employed p/t (20 hours) position at £12 ph, because of my life and my disabled son, I do get carers allowance. My thoughts are if i take this position, it will reduce my chances of increasing my self employed status and I would also lose my allowance for caring for my son.
I am stuck in a quandry? I would like all your thoughts and opinions.
I don't think it will reduce your chances of getting self-employed work...you can do both, I do. You can work your self-employed work around your job. Have you asked the employer if you could work self-employed for them?
If you would loose your carers allowance from being employed, you would also loose it from being self-employed as either way you would be earning money.
Carers allowance is £59.75 per week isn't it? if you were to take the job you would be taking home about £217.39 per week which IF you were not entitled to carers allowance any more, you would still be earning way over the allowance.
Are you sure you would loose the allowance if you took this job? I think you would still get it as it is a taxable benefit.... have a look at this link that I have just found.
You could do both, but, no offence, do you think you could cope? I know I couldn't! If you work you are not allowed to earn more than £100 a week (net after tax and ni deductions). If you take the employed position it will give you more stability with regards to income, however I suspect that you will earn more than £100 a week net. That's my opinion anyway
if i asked the client could i be self employed rather than employed, what would be the benefits if any to me? at the moment they offer 3% contribution to a pension scheme and 20 days holiday pay.
Sorry for late reply.......pros of being employed are job security and regular income (well, hopefully), paid holidays, sick pay. Cons of being employed...you're not your own boss and can't make your own hours, possibly paid a lower hourly rate than if self-employed.
Pros of being self-employed....you are your own boss, can make your own hours, charge your own rate, more freedom to take time off for various reasons, variety of work. Cons of being self-employed.......have to find your own clients/work, if you don't work you don't get paid (unless you set up your client on a standing order and get paid per month), no sick pay, you have to complete self-assessment tax return, pay own tax, ni etc. Can be long working hours, definitely not a 9 - 5 job.
If you offered to do this job self-employed you would need to have other clients as well, otherwise it wouldn't be classed as self-employment. HMRC would see it as a way of evading paying employer's ni by the employer.
