📨 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!

tax rebate impact on UC

2»

Comments

  • poppy12345
    poppy12345 Posts: 18,886 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I have unfortunately been on universal credit since February 2020 due to a heart condition. I am a self employed carpenter under CIS self assessment tax. I normally apply for a tax rebate in April/May. Once it has been filed do I inform UC or do HMRC notify them automatically? Also would all my universal credits stop as it is a lump sum or just a percentage of it? I have a wife who works (been furloughed at the moment) and 3 children. 

    It would have been better to have started your own thread with this question, rather than ask on someone else's thread.

    You will need to report it to DWP (minus your expenses) and it will be classed as income during the month it's received.
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.