daniellexsmith
New Member
Hi everyone! I’m new here!
I’ve just completed a hair extension course for microloop and nano rings. I want to start up in self employment but don’t know how to go about it!
I currently work 20 hours a week in a bar and my wages get topped off with universal credit as I have a young son. I want to go self employed as I want to be able to work around my self, ideally from home with a room dedicated for hair or mobile or even renting w chair if anyone has any info on that. Basically all my questions are outlined below! ANY help would be appreciated!
- could I still work part time (I don’t earn enough to pay tax) whilst starting up?
- if I work for myself part time would it affect my universal credit?
- do I just pay tax (if I went over the self employed threshold) on just the profit I make or would it be from buying the hair for the client as well?
- what is the best hair supplier? How do I get a trade account? If I bought products from them such as aftercare would I have to pay them any money if I sold at a higher price for profit?
- what sort of business insurance would you need for working from home with just hair extensions?
- when would I need to register as self employed?
Any help would be appreciated, this is a whole new world for me so I’m sorry if I sound silly!
Thanks very much
I’ve just completed a hair extension course for microloop and nano rings. I want to start up in self employment but don’t know how to go about it!
I currently work 20 hours a week in a bar and my wages get topped off with universal credit as I have a young son. I want to go self employed as I want to be able to work around my self, ideally from home with a room dedicated for hair or mobile or even renting w chair if anyone has any info on that. Basically all my questions are outlined below! ANY help would be appreciated!
- could I still work part time (I don’t earn enough to pay tax) whilst starting up?
- if I work for myself part time would it affect my universal credit?
- do I just pay tax (if I went over the self employed threshold) on just the profit I make or would it be from buying the hair for the client as well?
- what is the best hair supplier? How do I get a trade account? If I bought products from them such as aftercare would I have to pay them any money if I sold at a higher price for profit?
- what sort of business insurance would you need for working from home with just hair extensions?
- when would I need to register as self employed?
Any help would be appreciated, this is a whole new world for me so I’m sorry if I sound silly!
Thanks very much