rough figures anyway.
I have to do my tax because my working tax credits are based upon my taxable income. And because the Tax people think I'll have earned enough to pay them about £1,000.
Well I did about 1100 lessons between April 6th 2010 and April 5th 2011. That brought in about £21,000.
But my overheads came to somewhere around £15,000 for the same period.
So my actual income was somewhere between 6 and 7 thousand quid. So I will be paying tax on a couple of hundred pounds, tops.
Also, 1100 lessons, for about £6.5k? That works out at about £6 per hour. Just a smidgen over the national minimum wage.
If I get this job as a bus driver, we will live like kings!