Today I finally bit the bullet and registered with HMRC as a sole trader! It had been on my list of things to do for some time now and it kept getting put off…and off…and off. Somehow it seemed such a scary thing to do, scarier even than opening the Etsy shop. Here was me saying ‘hello Mr Taxman or Mrs Taxman, this is my job’. It was a statement I felt very uncertain and scared about making. Today though I faced the fear and made that commitment to my business. It feels good to have done so and a reminder to myself that doing the things that scare me help me to move forward and live my life.
At the moment, my incomings are so small that the personal allowannce threshold just seems a mind boggling amount so far out of reach. Whilst Mr B’s Button Jamboree is unlikely to ever reach those dizzing heights, I am hopeful it will prove to be successful enough that, along with a few other ventures, we can live the type of flexible and relaxed life we aim for.