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

Money Moral Dilemma: Should I claim the self-employment grant even though I don't need it?

13»

Comments

  • Spotnpaul
    Spotnpaul Posts: 35 Forumite
    Third Anniversary 10 Posts
    So, the grant is payable around mid August.
    Your income has dropped directly because of covid between 14th July to the claim date. You make a claim.
    You carry on working  (and your income is still suffering) after the claim date, while 'thinking' about taking a course, as an option to educate yourself further.
    You're offered a post graduate course late Sep. You decide to take it. 
    You are allowed to work so many hours outside of the full time course by the University, so you keep registered as a sole trader, so earning a taxable top up to your income. 
    Is that allowed under the rules?
  • JayD
    JayD Posts: 778 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    dunstonh said:
    The scheme requires the intention to continue to trade in the current tax year.   So, if the intention is not to continue trade in this tax year but become a student then any application would be fraudulent.    If both are going to happen (student AND continuing to work) then its not an issue.

    Nuff said!
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
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K 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.