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Universal Credit expenses

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  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 November 2020 at 5:33PM
    Nikster73 said:
    If salaries are being paid out of the business account it states to include salaries as as expense!  
    Is the correct answer to not include furloughed payment as an income, and not include salaries out of the business account as an expense? 
    It appears that you do not include the JRS as income and you only include as an expense any salary and associated payments not covered by the JRS.

    It would be much simpler to just do what Ned indicated in the first place and include the full expenditure and show the JRS as income but that is not what the regulations and guidance say!
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
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