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Min income floor during pandemic
MD201989
Posts: 56 Forumite
Is the min income floor really coming back?
if the MIF is forced on self employed people who are not allowed to work due to on and off lockdowns then surely they should not be penalised?
if the MIF is forced on self employed people who are not allowed to work due to on and off lockdowns then surely they should not be penalised?
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Comments
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It is currently suspended until the end of April. When it comes back people will have to consider whether self employment is viable or whether they intend to become jobseekers. If lockdowns are ongoing at that time a further extension of the suspension may be considered..Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.3
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thanks calcotcalcotti said:It is currently suspended until the end of April. When it comes back people will have to consider whether self employment is viable or whether they intend to become jobseekers. If lockdowns are ongoing at that time a further extension of the suspension may be considered..
the problem is due to the pandemic most self employed businesses will need more time to earn the mon income floor0 -
Have to wait and see what the situation is at the end of April.MD201989 said:
thanks calcotcalcotti said:It is currently suspended until the end of April. When it comes back people will have to consider whether self employment is viable or whether they intend to become jobseekers. If lockdowns are ongoing at that time a further extension of the suspension may be considered..
the problem is due to the pandemic most self employed businesses will need more time to earn the mon income floorInformation I post is for England unless otherwise stated. Some rules may be different in other parts of UK.1 -
Nothing has been decided about what will happen after April in relation to when or how the MIF will be re-implemented.
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Not truepoppy12345 said:
its easy to see where this is going
a
jan, feb and March are going to see more cases dead and more mutations0 -
Where the MIF is concerned then we can't predict anything. No one knows what will happen after April, as has already been advised.MD201989 said:
Not truepoppy12345 said:
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April may see furlough end which means new Great Depression unemployment numberspoppy12345 said:
Where the MIF is concerned then we can't predict anything. No one knows what will happen after April, as has already been advised.MD201989 said:
Not truepoppy12345 said:
so no I can’t see them bringing back MIF-1 -
In your opinion maybe. You don’t have a crystal ball.MD201989 said:
April may see furlough end which means new Great Depression unemployment numberspoppy12345 said:
Where the MIF is concerned then we can't predict anything. No one knows what will happen after April, as has already been advised.MD201989 said:
Not truepoppy12345 said:
so no I can’t see them bringing back MIF0
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