Universal Credit and Self-employment

Gain the key knowledge to assist self-employed people currently on or moving onto Universal Credit. Universal Credit brings in many new rules for self-employed people and it is imperative that people working with the self-employed understand the impacts of these new challenges.

Universal Credit and Self-employment is a full day course delving into the particular issues for self-employed people who claim Universal Credit. Intended for people who have a basic working knowledge of Universal Credit, this course expands on our Essential Universal Credit programme.

Who should attend?

Self-employment advisers, benefits advisers, team leaders, business managers and anyone who wants to better understand how Universal Credit works with self-employment.

Key Learning Objectives

  • Describe the new challenges for self-employed people on Universal Credit
  • Examine the administrative process for reporting self-employment activity to the DWP
  • Discover the financial implications of variable earnings in Universal Credit
  • Explore the differences between Universal Credit rules and the tax credit system

Course Content

  • What counts as self-employment for Universal Credit
  • Working out self-employed profits for Universal Credit
  • Look at how self-employed profit differs from HMRC rules
  • Working out Universal Credit maximum amounts
  • Calculating Universal Credit with self-employed profits
  • Variations in work allowances for different claimants
  • How the Minimum Income Floor works in practice
  • Implications of the Minimum Income Floor on self-employment with variable profits
  • How surplus earnings rules work and implications on variable incomes
  • Administrative burden on self-employed claimants – completing the new forms
  • Company directors – how are they treated differently from self-employed people and employees?

Ongoing help and advice

All delegates to any of our courses receive ongoing email support from Turquoise Training for 12 months as well as our newsletter. Get thorough answers to all your benefit questions!