Fluctuating and Signing Off JSA

Truegho

What happens when you start your own business, but in the first year your income fluctuates (e.g. one month you might earn £200, but then the next you only make about £50)? How does this affect your desire to sign off JSA and go it alone? I mean, I know you can claim Working Tax Credit, but what happens when this is scrapped because of this new Universal Credit System?

I want so much to start my own business and get off the dole, but this problem of a fluctuating income in the first year or so is a real grey area, and very ambiguous.

Leo2020

That is the risk you take when you start your own business. You are responsible for creating the income. Some months you will earn very little, I know I have been there.

I thought that working tax credit and other benefits are going to be rolled up in the Universal Credit System so you will be entitled to benefits, they will just be called something different. Unless my understanding of the new system is incorrect.

Ruby_Ruby

While you are working on your business you could also do some other work like mystery shopping or content writing to increase the amount coming in.


Time management would be the key for you to ensure the other stuff doesn't take over, but maybe plan a large circuit ( easiest if you drive, but possible if you don't) of MS jobs once a week, then spend the rest of your time on your business.

That plus you WTC should see you OK.

No idea about Universal Credit though.