What a great website – just what I was looking for, as I’m desperately in need of some good advice! :) Basically, I’ve found myself recently redundant, a slightly bitter affair that left me with only a small percentage of my contracted severance pay. Anyway, I’ve long decided the office is not for me; I’m a solitary type of person with enough experience and hopefully talent, to go my own way. Essentially I have two basic questions, and perhaps a few more that I might save for another thread: Firstly, when you let IR know you’re going self-employed, do you have to state the specific nature of your business, or can you go by the generic term – e.g. “sole trader”? The reason I ask is because I plan to be a little diverse – I can get work through my contacts to do some freelance web design and photography work, but my main interest is in the traditional arts, and I plan to paint more than anything else, though that will probably not be my main source of income as freelancing will inevitable pay better
