We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

For UC my projected income needs to be at least 1000 but UC stops when I earn 500

PollySouthend
PollySouthend Posts: 396 Forumite
Tenth Anniversary 100 Posts Combo Breaker
in Benefits & tax credits
The 500 is probably because I don't rent or have any children. But it seems a bit odd that my business needs to be projecting to earn 1000 a month, but once I earn over 500 a month the UC amount goes to nothing. Is this right?

Comments

  • IAmWales
    IAmWales Posts: 2,024 Forumite
    That makes sense. Your business needs to be sustainable, giving you enough to live on. It's not just about getting you off benefits, but giving you a way to be self supporting longer term.
  • teddysmum
    teddysmum Posts: 9,533 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    To be a sensible option ,the business needs to have prospects and not just keep your head above water. If the latter was the case, you'd be better off employed elsewhere.
  • theronstar
    theronstar Posts: 64 Forumite
    For what it's worth, you can ask your work coach to reconsider the figures but I wholeheartedly agree with what the earlier posts said to you.
  • PollySouthend
    PollySouthend Posts: 396 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    I see what you are saying, but the minimum floor doesn't​ take into account what I need to live off. I've inherited a house so have no mortgage or rent costs so the minimum amount I need for a good quality of life is less than the standard figure.
  • Brighty
    Brighty Posts: 755 Forumite
    PollySouthend wrote: »
    I see what you are saying, but the minimum floor doesn't​ take into account what I need to live off. I've inherited a house so have no mortgage or rent costs so the minimum amount I need for a good quality of life is less than the standard figure.

    So sign off UC then if you don't need it
  • PollySouthend
    PollySouthend Posts: 396 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Brighty wrote: »
    So sign off UC then if you don't need it
    But I do need it at the moment, im just saying my minimum earnings to survive is 500 not 1000
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture