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Self employed - Guidance
Posted on: June 22nd 2020   •    Posted in: General News, Tenants

Self-employed? This information may help you!

Are you self-employed, received the self-employed income support grant (SEISS) and claiming universal credit?

If you have received a large sum of SEISS it could affect your future universal credit payments.

Want to know if this will affect you? Please contact our Welfare and Benefits team, who will be more than happy to help.

The team will go through what your entitlement is. And discuss if they think that you will have reduced payments for universal credit in the future.

If your universal credit payment was zero because of the SEISS then you must make sure that you reclaim Universal credit. You can do this by logging on to your account. Doing this will ensure that you will be assessed for universal credit again.

When you are claiming universal credit please make sure that you report your self-employed income at the end of your assessment period even if it is zero.

More importantly make sure that you report your monthly expenses. Even if you haven’t had any income, this can still be offset against future earnings from self-employment income (up to 6 months).

The second grant is available in August 2020. Your self employment work must have been affected by the Covid-19 pandemic on or after 14th July 2020.

There will be a cap of £2,190 per month. If you haven’t yet claimed your first grant then you have until 13th July 2020 to do so.

Check if you can claim a grant through the Self-Employment Income Support Scheme.

 


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