Market leading insight for tax experts
View online issue

SEISS and universal credit

printer Mail

The Universal Credit (Coronavirus) (Self-employed Claimants and Reclaims) (Amendment) Regulations, SI 2020/522, ensure that payments from the SEISS are taken into account as earnings for the purpose of universal credit (UC) – preventing self-employed claimants from receiving duplicate payments for living costs from both SEISS and UC. The regulations also make sure that payments from the CJRS are not taken into account as earnings for a self-employed claimant, where the claimant has applied to the scheme to secure support for their employees and where the payments are to be passed on to those employees. Where a self-employed claimant receives coronavirus support via a loan or grant to help with business recovery, those support payments will be disregarded for a period of 12 months, for the purposes of UC.

Issue: 1488
Categories: News
EDITOR'S PICKstar
300 x 250 (MPU)
Top