Self-employed with cash saved to pay tax? It WON'T reduce your universal credit entitlement

Former_MSE_Naomi

If you're self-employed and have been putting money aside to pay your self-assessment tax bill, this WON'T reduce the amount of universal credit you're entitled to claim, the Government has confirmed...

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'Self-employed with cash saved to pay tax? It WON'T reduce your universal credit entitlement'

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jessco1

If you get a tax repayment whilst claiming universal credit does this effect your universal credit payment? Do they class this as an income? Thanks in advance

calcotti

jessco1 said:

If you get a tax repayment whilst claiming universal credit does this effect your universal credit payment? Do they class this as an income? Thanks in advance

Yes, it is treated as earnings and subject to the usual rules for earned income. It's very unfair in my view but that's what the law says.

poppy12345

jessco1 said:

If you get a tax repayment whilst claiming universal credit does this effect your universal credit payment? Do they class this as an income? Thanks in advance

Yes, it's classed as income in the month it's received.