Maybe you expect a longer build-up phase, or you don’t want to give up your main career.
In any of these scenarios, part-time self-employment is a good option.
These include: Your primary occupation may affect your part-time self-employment (if you’re employed, a student, unemployed) side gig.
In any case, you should make sure you are thoroughly informed on what needs to be taken into account before you begin working part-time on your side job with regards to taxation and national insurance.
If you want to set up your own business on a part-time basis, there is a lot that needs to be taken into consideration.
You have a good idea for your own business, but you don’t really know whether the concept will be successful.
There are licensing requirements for a wide variety of jobs, including: In the UK, you can be self-employed as a sole trader, partnership member or limited liability company member (if the company is not classed as a corporation).
It is important to make sure you assess what kind of self-employed worker you are to protect yourself from issues with the tax authorities later on.
Check in advance whether you need a permit or special qualification to do your part-time self-employed work, and if so, which ones.
Do you want to pursue a profession that requires a permit?