What financial help can I get?

maximw1234

Hi, I’m self employed and employed. My self employment income is %40 of the whole income. 

During the covid 19. I am unable to get that %40 income and currently struggling financially. I still get my employment income but due to earning more than %50 on my PAYE I am unable to claim my self employment loss. 

Is there any other financial help I can get to get me through the lockdown? I can’t pause my car loan, my landlord is still charging us, my credit cards still need to be paid. The only thing I could pause is my gym membership 

sharpe106

Can you not do any self employed work? even if it doesn't get up to the amount you normally get a bit is better then none. You could look to see if entitled to any benefits.  

maximw1234

I am a DJ in nightclubs. All clubs will be shut till probably October 

maximw1234

What sort of benefits would you say? I can’t claim universal credit either due to owning a house that my mother lives in. 

sharpe106

Who owned the house originally you or your mum? has she signed it over to you for inheritance purposes or did you buy the house?

maximw1234

Me and my mum own the house. We bought it together but I don’t live in it anymore. I currently rent with my girlfriend 

sharpe106

might not be nice but if your struggling can you not ask her to pay some rent temporarily? 

calcotti

Is your mother working age or State Pension age? If pension age the house will be disregarded as capital.

maximw1234

She is struggling her self at the moment as she has a small online business which isn’t operating at the moment. So can’t get any help at the moment, and she isn’t at pension age yet

Jeremy535897

calcotti said:

Is your mother working age or State Pension age? If pension age the house will be disregarded as capital.

I wonder whether it might be worth putting an argument that it is impossible in these circumstances for OP to realise anything from his equity in the property? We have seen people successfully argue their let property is of no value due to current circumstances. It would be virtually impossible for OP to sell his interest in the house his mother lives in, particularly if it is a joint tenancy rather than a tenancy in common. The exception to which you refer in H2048 is probably more aimed at relieving a situation where OP wholly owned the house his mother lived in, and could therefore sell it.

calcotti

Jeremy535897 said:

I wonder whether it might be worth putting an argument that it is impossible in these circumstances for OP to realise anything from his equity in the property? 

That is a possibility at the moment.