The New Enterprise Allowance Scheme Query - 19th Sep 2011 9:46am
Has anybody here been on the New Enterprise Allowance scheme? I am contemplating starting my own business, as I hate being on the dole, and so need some information on this.
Would I still be able to claim Working Tax Credit as a self-employed 50yr old, in addition to claiming the £65.00 pwk the Jobcentre pays you while you are starting up your business? And in regard to the HMRC, what proof would they need if you stated to them that you are working 30hrs pwk on your business?
My business idea will probably take the form of putting up a few websites, monetizing them with various sources of income (e.g. affiliate links etc.). However, before I take the plunge, I really do need to know about this New Enterprise Allowance scheme, registering for tax etc.
Thanks.
Would I still be able to claim Working Tax Credit as a self-employed 50yr old, in addition to claiming the £65.00 pwk the Jobcentre pays you while you are starting up your business? And in regard to the HMRC, what proof would they need if you stated to them that you are working 30hrs pwk on your business?
My business idea will probably take the form of putting up a few websites, monetizing them with various sources of income (e.g. affiliate links etc.). However, before I take the plunge, I really do need to know about this New Enterprise Allowance scheme, registering for tax etc.
Thanks.