Hello, I was looking for some help please.
I am in the process of setting up a small business online making and selling goods from my home.
At what stage am I supposed to register as self employed?/ or for self assessment?
Do I need to register the name of my business somewhere and if so how/where?
I would imagine I will be earning very little to begin with. I'm feeling very confused.
I also claim Universal Credit, so have to consider this too, I will have to report my earnings to UC, but does this mean I have to register as self employed even if I earn less than £1000?