Going self-employed after work capability assessment?

Stellar
Stellar Online Community Member Posts: 368 Pioneering
in Universal Credit (UC)

hello its me again, still struggling to go self-employed.

In short, I’m being advised to consider doing a work capability assessment so that my minimum income floor can be lowered so that I’m only required to get around £600 a month instead of £1200.

This is also to accommodate the constraints that come with self-employment income in temporary accommodation. i'm on the legacy housing benefit system which so long as my UC claim is active I will remain on and will not be required to contribute to the rent. if i go on full time hours it will likely cost me more in paying rent.

The other option for self-employment is to start trading without a MIF applied however this is more risky.

Has anyone been in a similar position? i'm really not sure what to do.


Comments

  • calcotti
    calcotti Online Community Member Posts: 10,000 Championing
    Stellar said:In short, I’m being advised to consider doing a work capability assessment so that my minimum income floor can be lowered so that I’m only required to get around £600 a month instead of £1200
    If you have a WCA and are found to have LCW or LCWRA then you would be completely exempt from the MIF.
  • Stellar
    Stellar Online Community Member Posts: 368 Pioneering
    calcotti said:
    Stellar said:In short, I’m being advised to consider doing a work capability assessment so that my minimum income floor can be lowered so that I’m only required to get around £600 a month instead of £1200
    If you have a WCA and are found to have LCW or LCWRA then you would be completely exempt from the MIF.
    oh really? that's good news if so. is there a guide on MIF and self-employment under LCW online? i need to do further research before making a decision.
  • calcotti
    calcotti Online Community Member Posts: 10,000 Championing
    edited April 2022
    Stellar said:.. if so. is there a guide on MIF and self-employment under LCW online? 
    As advised the MIF does not apply if you are found to have LCW. The MIF can only be applied to people treated as gainfully self employed in the all work related activities regime. If you have LCW you are not in the all work related activities activities group and the MIF cannot be applied.

    https://www.entitledto.co.uk/help/Self-employment-and-minimum-income-floor-Universal-Credit
    Unless you are in a grace period, if you are self-employed, are in the 'all work related requirements' group and your earned income is lower than your MIF amount, your MIF will be used instead of your actual earnings 
    If you want to read more about the MIF there is a detailed guide here
    https://revenuebenefits.org.uk/universal-credit/guidance/entitlement-to-uc/self-employment/minimum-income-floor/

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