After a drastic change in my personal life I'm going back to "proper work" after 5 years as a carer.
I've been offered 3 jobs in the last week, one of which means going self employed.
The 2 jobs on paye are back in the motor trade and back to what I know, the other one is oven and white goods cleaning which might sound a bit odd to go for something completely different but it's out and about meeting people earning £13-£20 per hour and am only expected to work Monday-Friday.
The deal I've been offered is that for 6 months I take 40% of each job, they are mad busy and turning work away and the mrs of the couple wants to work much less so I'm pretty confident that amount if work isn't a problem at all, they've got glowing references on check a trade who's also helps put my mind at rest.
My only investment is that for 2-3 weeks training I am unpaid, and my only expenses are to put fuel in the 2 year old van they supply as part of their %.
The last person who did this for them only wanted 2 jobs a day and turned over £17k last year, they can supply me 4 jobs a day if I want them.
I invoice them for week 1 in week 2 and they pay me week 3 so will be getting money in every week.
I think this could be a really good opportunity for me to earn reasonable money but I'm a little cautious regarding the self employed bit.
I've got someone qualified who is prepared to do my books for a nominal fee, and I'm planning on keeping 20% to one side for tax and stuff.
Is it just a case of keeping all my invoices, payments and fuel receipts, or is it much more complicated than that?
Yes I know I can google it bit I'm after some advice from anyone who's got experience of going self employed for the first time
Thanks in advance
I've been offered 3 jobs in the last week, one of which means going self employed.
The 2 jobs on paye are back in the motor trade and back to what I know, the other one is oven and white goods cleaning which might sound a bit odd to go for something completely different but it's out and about meeting people earning £13-£20 per hour and am only expected to work Monday-Friday.
The deal I've been offered is that for 6 months I take 40% of each job, they are mad busy and turning work away and the mrs of the couple wants to work much less so I'm pretty confident that amount if work isn't a problem at all, they've got glowing references on check a trade who's also helps put my mind at rest.
My only investment is that for 2-3 weeks training I am unpaid, and my only expenses are to put fuel in the 2 year old van they supply as part of their %.
The last person who did this for them only wanted 2 jobs a day and turned over £17k last year, they can supply me 4 jobs a day if I want them.
I invoice them for week 1 in week 2 and they pay me week 3 so will be getting money in every week.
I think this could be a really good opportunity for me to earn reasonable money but I'm a little cautious regarding the self employed bit.
I've got someone qualified who is prepared to do my books for a nominal fee, and I'm planning on keeping 20% to one side for tax and stuff.
Is it just a case of keeping all my invoices, payments and fuel receipts, or is it much more complicated than that?
Yes I know I can google it bit I'm after some advice from anyone who's got experience of going self employed for the first time
Thanks in advance