tier1 extension self employed

[bavana123]

hi
i am now working for two different companies part time each..
i am getting enough of the required earnings for my extension. and my extension is due in march 2013.
actually i am paying lot of tax as i am working for two compannies.
now what my friends and colleques suggested me is if i open a company and work on behalf of my own company( like i am giving service from my company) then i can save some money from tax. but i am confused at this point as i dont exactly know whether it is the best option to opt or not at this time.
if i take this option of opening a company .
as a self employed applicant is my case going to be harder
and what all the documents i need to show for my extension please someone help me in this matter.
as i dont know any one much in this situation
please
and many thanks
bavana.

[Chakrapani]

Hi Bavana,

It all depends on your earnings and the eligibility to meet the criteria.
You can go with self-employment only when you are not getting enough of the required earnings.

Please feel to free ask if you have any questions.