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Do it yourself

All it will take to enjoy the benefits of being self-employed is a bit of paperwork. Jasmine Birtles explains Not all nannies and other childcarers have one employer and one place of work. Some are classed as self-employed and work for various people, often doing different types of work. Many more would like to become self-employed - even as an extra to their day job - but they don't know how to get started. Here are some of the most common questions people ask about setting up their own business and being self-employed.

Not all nannies and other childcarers have one employer and one place of work. Some are classed as self-employed and work for various people, often doing different types of work. Many more would like to become self-employed - even as an extra to their day job - but they don't know how to get started. Here are some of the most common questions people ask about setting up their own business and being self-employed.

Do I have to set up a company if I want to be self-employed?

No, you don't. You can simply set yourself up as a sole trader. You don't have to register with anyone, you can just create a name for your business, or use your own name, and there you are! However, you do need to let the tax office know that you want to become self-employed, or want to do some work on a self-employed basis. Phone them up on 08459 15 45 15 and let them know you are going freelance and tell them when you are starting (or when you started). Ask them for your unique tax code, too, as self-employed people pay tax in a different way from employed people. The HMRevenue and Customs website, www.hmrc.gov.uk, has some very helpful information and advice for people wanting to set up their own business.

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