Hi all,
Looking to see if anyone can offer some advice regarding remaining self employed while receiving SMP from my full time job
I am employed full time working 45 hours a week. I also run a small dance school for children teaching round 5-6 hours a week and making £40-£50 a week on a good week which I have done for last 6-7 years while being employed full time at my current job
I pay taxes and NI by doing an annual self assessment on my dance earnings and was planning on only taking 6 weeks off dance so I could have a little extra money to keep me going while I get SMP for 6 months. However I have been thinking about this a lot and I am not wondering if earning by being self employed while getting SMP is wrong/illegal in some way?
I don't make massive amounts out dance and my earnings drop in school holidays, Xmas, when kids grow up and get new hobbies so I wouldn't exactly be lining my pockets with plenty spare cash as I have a lot of outgoings from dance - hall lets, petrol, insurance, subs ect
Can anyone offer advice?
Thanks
Sara