Claiming Universal Credit as a Self-Employed Person
The accelerated roll out of the government’s flagship welfare reform, Universal Credit, means that by Spring 2015, 1 in 3 of the country’s Job Centres will be taking claims for the new benefit.Sometimes being self-employed can mean being on a low income in the early stages. If you are already self-employed, you may currently claim Housing Benefit, Tax Credits or other benefits to help you.Universal Credit replaces these benefits and recognises the need to support self employment, where this is the best way for you to become financially independent.There are significant changes to how the income is reported for the self employed.
If you are in doubt or need advice, then contact us and speak to an expert.
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