Hi,

I am desperate for some good honest advice on the following...

Myself and my partner are both in full time employment but both have the opportunity to do additional work outside of our normal hours. Between £10k - £30k per year.

1. My main concerns are that even though this work would not be in competition with our current employers, we risk getting the sack or being frowned upon. I have checked my contract which says the following...

"You are not permitted to have any interest in, or receive remuneration from, any business or undertaking which directly or indirectly competes in the same or similar field of activity as this Company, or any associated or subsidiary company."

What is the best way to overcome this?

2. Also, the company that is offering this additional work to my partner have said the she needs to be a Ltd company with a business account.

Is this the only route possible and does it need to be a Business account? - Can it not be a brand new dedicated personal bank account?

3. If we were to set up a Ltd company and considering our situation, Who would be the best person to be named as the director? Myself,or would we be better off asking a trusted family member or friend which would remove any obvious link to our existing companies?

I look forward to your comments,

Regards...