HI Jemma,
I can give you some advice on the accounting side of things, normally if your profits are going to be less than £5435 PA I would normally suggest going as a sole trader, if you are a middle rate tax payer you will just pay 20% income tax on your earnings, above £5435 will incur another 8% Class 4 National Insurance, however this is depending on the work you get, some agencies insist on you being a Limited Company to move any potential burden of employment taxes from them to your Limited Company.
You will need to register as self employed using form CWF1 within 3 months of starting to trade.
Once you build up your income I would then suggest opening a Limited Company to minimise your tax liabilities.
contact Danbro accounting. they give free advice on this type of thing too.
Hope this helps.
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