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New company and employee

Amee999 · 2013-01-09 22:42:50

Hi I'm about to set up,a small co with a friend. My q is that I am currently an employee. I am out on sick leave and will be for quite some time. I don't want to leave my job in case in loose a future redundancy payment or if this new venture does not work as wells as we hope. It's possible in time I could go back to work…

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09-01-2013 11:42pm

#1

Amee999

Registered Users Posts: 1 ✭

Join Date: January 2013

Posts: 0

Hi

I'm about to set up,a small co with a friend. My q is that I am currently an employee. I am out on sick leave and will be for quite some time. I don't want to leave my job in case in loose a future redundancy payment or if this new venture does not work as wells as we hope. It's possible in time I could go back to work and still manage out little venture in the evenings.

Can I be a paye registered worker and also be self employed? Is there a way to set this up maybe a sole trader rather than limited company or vice versa? I'm even thinking of for now to just go for it with out registration of company etc. and if things work out do it then and pay tax, is that really dodgy?
All advice welcome.

Thank you.

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#2 09-01-2013 11:44pm
drunkmonkey

Registered Users Posts: 28,196 ✭✭✭✭

Join Date: March 2008

Posts: 27329

You should quit your job and stop taking the piss out of your employer, if your fit for work go back.

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