Self employed status

Ok guys, I’m on agency on PAYE,and thinking of going self employed. So what advantages are there for me? What disadvantages are there for me? I refuse to use one of these silly umbrella companies, my wife is an accountant, so can keep my books for me including tax returns. My agency offer £1 per hour extra, not a lot when they won’t have to pay me holiday or employers NI.
Will i be able to claim mileage for travelling to job sites?
what other expenses can I claim?
If I go limited company, will I have to pay employers NI for myself?
Is there any advantage to registering for VAT, as i don’t expect to earn above the VAT threshold?
Anyone in this situation can give some advice would be greatful.

you can claim for alot of things like work clothes,travel,stationery,a room in your house as a office,your wife as secetery,meal allowance,the list is endless & if you have a good accountant you’ll pay very little tax :wink: :wink: .

andy.

truckerjon:
Will i be able to claim mileage for travelling to job sites?
.

You can do that on PAYE.

Seany:

truckerjon:
Will i be able to claim mileage for travelling to job sites?
.

You can do that on PAYE.

How?