Been refused everything- now what?

Takmon

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

Well considering you have broken even for the previous 2 years it seems fair that you will not get any help because the business wasn't performing well before Covid19.

epm-84

Takmon said:

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

Well considering you have broken even for the previous 2 years it seems fair that you will not get any help because the business wasn't performing well before Covid19.

I'd disagree that as a business which breaks even in it's first two years is performing badly.  However, I would add for a business to properly break even it means labour costs are covered so if she worked 40 hours per week on her business then she should have been getting at least the minimum wage for herself for those hours.  If she was getting less than that or effectively working for free then it's not really breaking even.

epm-84

gettingtheresometime said:

epm-84 said:

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

While it might not be what you want to hear taking financial risk (in starting a business) and having a baby at the same time is a very bad combination when you already had a mortgage, unless you were doing it on the basis that your partner's income was high enough to support 2 adults and 2 children if it went wrong, in which case that's the answer to "now what?"

In fairness to the OP, not every pregnancy is planned.

Starting a new business, while having a mortgage without the second baby coming in to the equation is a financial gamble unless the idea was her partner's income is high enough to bail her out if things go wrong.

mattyprice4004

epm-84 said:

gettingtheresometime said:

epm-84 said:

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

While it might not be what you want to hear taking financial risk (in starting a business) and having a baby at the same time is a very bad combination when you already had a mortgage, unless you were doing it on the basis that your partner's income was high enough to support 2 adults and 2 children if it went wrong, in which case that's the answer to "now what?"

In fairness to the OP, not every pregnancy is planned.

Starting a new business, while having a mortgage without the second baby coming in to the equation is a financial gamble unless the idea was her partner's income is high enough to bail her out if things go wrong.

Exactly this. 

Time for plan B (partner supporting them all) as I’m sure this was thought through before going self employed in such circumstances. 

macman

Apply for a BBL? This is based on a a maximum 25% of turnover, rather than profits.

elsien

Dullville said:

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

No wonder UC said your entitled to £0 with a household income of £65k 😳

Where did you get that household income figure from - can’t see that OP has posted it anywhere. 

macman

elsien said:

Dullville said:

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

No wonder UC said your entitled to £0 with a household income of £65k 😳

Where did you get that household income figure from - can’t see that OP has posted it anywhere. 

https://forums.moneysavingexpert.com/discussion/6193966/santander-123-vs-all-in-one#latest

Niv

elsien said:

Dullville said:

Charli159 said:

My partner works full time so I put his earnings into UC and it said £0. I have 2 children. Mortgage. No savings.

First year of self employment I just broke even (used savings from previous employment) to start the business.
second year of self employment - broke even again but also had a baby & was on maternity allowance 

This is my third year of self employment & will be a loss.

I’m applying for jobs on a daily basis 

No wonder UC said your entitled to £0 with a household income of £65k 😳

Where did you get that household income figure from - can’t see that OP has posted it anywhere. 

I wondered this too but have presumed that because the op said she put in her OH salary and it said entitled to £0 then it was based on the threshold of earnings. I may also have missed something else.

Aranyani

Wow, yeah its interesting that this person thinks the state should be giving more money to families with high incomes who have more than enough to manage. 

I hope this isn't a case of a partner refusing to support his children and their mother.

68ComebackSpecial

Aranyani said:

Wow, yeah its interesting that this person thinks the state should be giving more money to families with high incomes who have more than enough to manage. 

I hope this isn't a case of a partner refusing to support his children and their mother.

You have no idea of where they live or the cost of their outgoings. £65k doesn't go very far at all if you live in the South East with the high cost of housing and where a Victorian 2 up, 2 down terrace can easily be 5 times more than in the North of the country.