Starting a business when on benefits
Starting a business can have an impact on benefits you may receive, learn how you could be affected
If you are set on the idea of running your own business then the first step is careful preparation. Make sure you have planned exactly what you want to do and how to fund it. One of the barriers to self-employment that disabled people have identified is the potential impact on benefits.
Information for people on benefits
In the early stages of considering self-employment you might think about staying on benefits. The Department for Communities through local Jobs and Benefits offices can provide information on how starting your own business may impact on your benefits.
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The Work Coach (Department for Communities) can provide information on the different measures that can help you, depending on which benefits you are currently receiving. Speak to a Work Coach at your local Jobs and Benefits Office/Job Centre about the range of help and 91香蕉黄色视频 including Travel to Interview Scheme, Job Grant and Return to Work Credit.
Permitted work
Under permitted work rules you can work for up to 16 hours per week and earn up to 拢131.50 per week without it impacting on benefits. You may be eligible to trade under the permitted work rules for 12 months giving you some time to decide if self-employment is for you.
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Working Tax Credit
Once you are ready to come off benefit and work for 16 hours or more, you can apply for Working Tax Credits. These are based on the hours you work and get paid for, or expect to be paid for. You can claim whether you are an employee or a self-employed person. If you have a disability and usually work 16 hours or more a week, you may be able to get extra Working Tax Credit.
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Universal Credit
If you are self-employed and claiming Universal Credit, you must report your self-employed earnings at the end of each monthly assessment period. To find more information, get in touch with your work coach. nidirect provides further information on .