UC commitments

punjabi
punjabi Community Member Posts: 2 Listener

Hi group members,

I want to ask a question

Between 2022 to 2023 i was working full time my Employer reported my earnings correctly, during this period i registered a company just as a backup in case of losing my job, so i will have a second option, but i never did any trading or business and have not earned any money from the company. But i didn’t inform UC about registration of the company, as i thought i only have to inform them if i earn something, as my earnings from employment were declared every month. Can this cause any problem like Sanctions or closure of UC. Company was closed in 2023 anyway.

Regards