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The client has made the following changes to the job.
Client prefers freelancers from:
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The client prefers freelancers from
a different location.
I have created a website, which is due to launch fairly soon, approx 6-8 weeks away.
The sit should be monetized from after the first month (there is a 30 free day trial).
The projected earnings would be speculation, although I have high hopes, the cost per user is $10 per month. Payments will be received online only via paypal.
I am looking for assistance / advice in setting up a business to handle the earnings and pay myself in a tax efficient way. I am open to advice, but my preference would be to set up a limited company or to pay myself as a contractor if possible.
I am currently working full time, earning in the 40% tax bracket, but would be happy to leave this employment (and perhaps set up as self-employed to keep my hand in the industry) if the website brings in sufficient earnings.
My wife does not work, but will working on the site and can be employed by the business.
I think this is all the initial relevant info you will need.
I am therefore looking for advice ...
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