I am about to do an FIC and the master plan is to work part time at weekends instructing while keeping the mon-fri boring day job to pay the bills.
I was just wondering how the money side of things works with having a second job (yes I know I am not going to earn millions…). As a part time instructor do you set yourself up as a Ltd company or a sole trader? Do you also have to pay NI on the second income?
Any advice would be much appreciated
Cheers
bb