Hi, my name is Mulliner66! I’d like some help and advice on self employment and receiving UC

Mulliner66
Mulliner66 Online Community Member Posts: 2 Listener
edited June 2023 in Universal Credit (UC)
Hello I’m new to this , I’d like some help and advice on self employment and receiving UC . 
I don’t understand the floor cap based on being self employed.
thanks Del

Comments

  • Mulliner66
    Mulliner66 Online Community Member Posts: 2 Listener
    The literature I have been reading and trying to understand about starting out being self employed and receiving universal credit , it’s difficult to digest
    I don’t understand the floor and the first 12 months while I am setting up my own business
  • poppy123456
    poppy123456 Online Community Member Posts: 64,456 Championing
    It doesn't apply for the first 12 months. Also if you're been found to have either LCW or LCWRA or you're claiming carers element, then it won't apply anyway, even after those 12 months.

    As a self employed person you will be expected to report your earnings and expenses on the last day of each assessment period.
  • Alex_Alumni
    Alex_Alumni Scope alumni Posts: 7,536 Championing
    Hi there @Mulliner66 and welcome, thanks for your query. Benefits can be tricky to understand, so I hope we can help support you. I've popped this thread over into our UC category to help other members find it more easily. 

    I can see Poppy has replied, so is there anything you're still feeling unsure about? :)

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