Hi, I'm a newbie to this forum, and to contracting.
I am about to start working as an independent contractor for a charity which promotes sport in schools. I will be expected to teach for about an hour per day in various schools for about £50 per gig. I will have to sign a contract with the charity regarding rates of pay/hours of work/terms of employment/behaviour/dress code etc.
As I am new to this I want to know what my best option would be regarding tax. So, my main questions are...
As an independent contractor would I have to fill out an IR35 form (or something else?).
Or would I be considered a subcontractor?
Would I need an accountant?
How much would an accountant cost (roughly)?
Do I need to pay tax monthly or annually?
Can I claim for food/travel/office equipment expenses?
If I only work for a few hours (say, 12) per week, can I get Universal Credit or some other benefit?
Would working for other "employers/contractors" or private individuals affect my tax status? If so, how?
Should I be a Limited Company/Umbrella or what?
Any help or advice would be appreciated.