Liability will be between 1 and 2 grand for starting up and you won't earn enough 2 be vat reg in 1st year unless you have a contract some where.you will need to get a utr number from the tax man as a sole trader any accountant will sort that for you then builders can stop you tax
My only advice would b dont rely on beinh paid straight away iv found even cash jobs im often waitin or chasin the money..if u can do ur own work at the w/e....
The job's on it's *rse in most area's at the moment,moanalot is a member from your area and i'm sure he was saying it was particulary grim in your area,having said that,you're going to be waiting a long time for it to get any better so just go for it
I find the worse payers are mates,it's as if they think cause your a mate it doesn't matter if they pay late,"it's ok,it's only John,he'll be ok for another month,I've he wants it he will ask" **** OFF and pay me,mate