Im currently on IS. I have set up a small business making embroidered baby blankets, And at first it was slow..But its picking up now and i could see it being a profitable business (for instance today i was approached by a charity wanting over 1000 blankets making and me to be their permanant supplier!!) Well I think i need to register myself self employed, It only really started being profitable the beginning of this week and obviously im still in - figures from buying equipment!) so what do i need to do? my list so far ring HMRC and register self employed ring tax credits and tell them my new arrangment. ring the job centre and "sign" off IS get a small earnings exemption certificate Change my details with housing benefit. Now, I borrowed £800 fromt the job centre to get my equipment, when i sign off will this all have to be paid back at once or can i pay it off weekly still? I already keep books so the accountancy/book keeping side is fine... Is there anything i have missed.. Its all so confusing Help me!