What is gainfully self-employed / minimum income floor ?
Posted: November 25th, 2021, 11:09 am
I claimed Universal Credit back in March (I realise I should have claimed earlier). I’ve received a letter about the MIF being applied to gainful self employment and would like to know where I stand.
After a career in IT many years ago, I paid off the mortgage and now work as a petcarer which I love. I only need ~£6000 to live off and have no wish to work full time.
I’ve been badly affected by Covid so currently earn ~£2000pa
Have I understood correctly that UC expects me to work 40hours a week at the minimum wage (£18,000pa)?
(Also I have been unable to claim my personal pension as they changed the rules – I can now access it in 18 months at age 55)
Does anyone know what is likely to happen ?
Thanks for any help getting my head around this
After a career in IT many years ago, I paid off the mortgage and now work as a petcarer which I love. I only need ~£6000 to live off and have no wish to work full time.
I’ve been badly affected by Covid so currently earn ~£2000pa
Have I understood correctly that UC expects me to work 40hours a week at the minimum wage (£18,000pa)?
(Also I have been unable to claim my personal pension as they changed the rules – I can now access it in 18 months at age 55)
Does anyone know what is likely to happen ?
Thanks for any help getting my head around this