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Posted Tue, 15 Oct 2024 10:34:41 GMT by Helen
Hi there, I am hoping for some guidance please, here are my circumstances. Many thanks in advance. I am self-employed, I run a bricks and mortar retail shop. It is still early days, I am not yet paying myself any salary whatsoever. I have recently split up with my partner and am now responsible for the mortgage and all the bills. As a result I am now claiming Universal Credit (I have been for 2 months), as I receive no salary from my business. I have now taken a part-time waitressing job at a local restaurant. I have given them my details and their accountant has come back with the following question, Can anyone help me answer accurately please? I have tried the Universal Credit helpline who couldn't help me. Which statement applies to me? A – This is my first job since last 6 April and I have not been receiving taxable Jobseekers Allowance, Employment and Support Allowance, taxable Incapacity Benefit, State or Occupational Pension. B – This is now my only job but since 6 April I have had another job, or received taxable Jobseekers Allowance, Employment and Support Allowance, taxable Incapacity Benefit. I do not receive a State or Occupation Pension. C – As well as my new job, I have another job or receive a State or occupational Pension.
Posted Thu, 31 Oct 2024 16:46:07 GMT by HMRC Admin 20 Response
Hi,
The statements you have mentioned will decide if to apply the personal allowance against that income, if this will be your main source of income for now while your self employment gets up and running,
As universal credit is a non taxableble benefit you can tick option A if you have had no other taxable income since Apr 2024.
Thank you.

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