Reporting Expenses and Earnings on Universal Credit

Melon365
Melon365 Community Member Posts: 8 Connected
in Universal Credit (UC)

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!

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Comments

  • Rachel_Scope
    Rachel_Scope Posts: 4,516 Online Community Team

    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
    Melon365 Community Member Posts: 8 Connected

    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
    Rachel_Scope Posts: 4,516 Online Community Team

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

  • Melon365
    Melon365 Community Member Posts: 8 Connected

    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
    Melon365 Community Member Posts: 8 Connected

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

  • Bluebell21
    Bluebell21 Community Member Posts: 5,536 Championing

    That is good news @Melon365 well done.

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