Do I have to register as self-employed for this?

[AllMuddledUp]

I am planning on looking after DNiece a couple of days of a week for a small amount of cash. I know I don't need to register with ofsted for this, but do I need to declare myself self-employed? And would I need to set up a separate bank account to pay this money into?

A friend also wants me to mind her LO in their home a couple of days a week, again for a small fee. So I would need to declare this?

I would only make around £3-£4,000 a year.

I've been looking through lots of information and my brain just feels frazzled so any advice gratefully received!

I'd have said so. I do a bit of party plan stuff and registered. I'll not make the money you will. It took seconds online and you can register for small earnings national insurance, can't remember the level though.

Do you get any benefits that this could affect?.

you will have to register as a childminder unless you are doing it in their home -maybe you are -
It could be argued that they are employing you really - and really should be paying you the natioanl mimium wage and any employer NI - and sorting out any tax issues -
there are a few posts on the CM/nannies section about this -

Ah, thank you, so it's easy to sort out online then? That's good to know.

I just receive about £20 a month in child tax credits, will I need to speak to them about this? I don't know what my earnings will be exactly as some weeks I may have DNiece once, some weeks three times so I worked it out with an average of twice a week.

I've looked into the childminding aspect, it should be fine as I don't have to register to look after a family member and be paid for it, and the other child I will be looking after in their house which again you don't need to register for.

I'll have a look at the childminder's section now thanks.

you will certainly need to let tax credits know - I think you can an estimate -