Reporting Expenses and Earnings on Universal Credit

Melon365

Hi

I need help with what I need to report to UC every month. I am getting UC because I am disabled but I am starting a business so I have been moved over to self-employed and now I have to start reporting my earnings or I don't get paid.

I have so many questions about what I need to include in the expenses but no one has replied on my work journal and I can't get through in the UC helpline or Citizens advice.

If anyone is doing this and can help me I would be so grateful!

Rachel_Scope

Hi @Melon365. I don't have personal experience of this but I found some information which might be useful for you: https://www.gov.uk/government/publications/universal-credit-for-the-self-employed/how-to-report-your-earnings-from-self-employment

You’ll need to keep an accurate record of:

• income, or any payments into your business, including cash payments
• expenses, or any payments you made from your business, including cash payments

Read more about keeping business records.

You could be asked to provide evidence such as receipts, invoices, and bank accounts.

I hope that helps.

Melon365

Hi Rachel

Thank you for the links but I need help with my specific circumstances and how I calculate everything. I can find anything that give a specific formula.

Kind Regards

Melon

Rachel_Scope

Are you able to tell us a bit more about your circumstances?

Melon365

Yes. What do you need to know?

My main question is do I need to include the household bills in my expenses even if I am not the one paying them? And if so how to I calculate how much I use?

Melon365

My local job centre just called me and I got it all sorted and they answered my questions! 😊

Bluebell21

That is good news @Melon365 well done.