Just wondering if anyone has done this and what the process is like? What happens if you work less than the minimum? I'm going to be restarting my business soon after mat leave but I know it will take some time to build up so I don't expect to earn the £120ish per week. I've looked all over and it seems to work on a honour system where you tick a box to say your circumstances haven't changed but at some point if things don't work out is that going to come back to bite me? Just looking for anyone who has navigated it for a rough guide. Thanks!
Make sure your accountant knows that you need to make x per month as they can help you even out any annual amount to reach that. What would cost you more - the extra tax, or the paid childcare? If the latter your accountant is the person to talk to.