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Sole Trader Vs Benefits

Post 1

I'm not really here

I've been a Sole Trader for a year now. smiley - biggrin

I am trying to get into the habit of taking some wages every time I pay in my takings, but it's hard to remember.

I'm frightened to take any money out because while I was building up the business and getting my van all kitted out I was still relying on a lot of benefits. Now there is money going in on a regular basis (not as much as I am aiming for, but more than is coming out) I want to take wages on a regular basis. I've been taking silly money out, but I need to start taking a bit more so I can lower my reliance on the benefits. After all, that is why I'm doing it, isn't it? It's not supposed to be a hobby nicely paid for by tax payers.

I'm just worried that everything will go tits up and I'll be left with nothing and a mortgage to pay. smiley - yikes

Why isn't there a 'terrified' smiley?


Sole Trader Vs Benefits

Post 2

Mol - on the new tablet

smiley - hug I'm not sure what a terrified smiley would look like ...

But that's great news, to have built up a business like that over the year. smiley - biggrin


Sole Trader Vs Benefits

Post 3

I'm not really here

It doesn't feel quiet enough to live on just yet, but I probably should at least try!


Sole Trader Vs Benefits

Post 4

I'm not really here

smiley - yikes Appt with the accountant on Tuesday to sign forms, review draft accounts (no, I don't like those, do some that means I make some MONEY please) and probably faint from the shock of the bill.

I'se a big growed up laaady now.


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