Hello,
My partner will start work next week and he was asked to work as self employed. He will get a daily pay of £130 for his labour. I am currently not working but have been doing lots of things related to his work, like writing invoices. We have two small children.
This is the first time he will be self employed. My question is, when we sign him up as self employed does it make sense to sign a business up together and share his pay as a joint income? Would we save tax and get more working tax/ child tax credit?
Also we need to get a car for driving to jobs, how can we get tax allowances on that?
How much do you think he should put aside for self assessment? I was thinking £40 for a £130 pay? Just to be on the safe side..
Are there any other things we can claim or should watch out for? This is all really new to us...
Many thanks
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