It’s a LONG video, so if you wish to avoid ahead to a particular part …
Coronavirus Job Retention Scheme (Furlough) – 5: 16
SSP (Statutory Sick Pay) – 7: 20
ESA (Employment Support Allowance) – 9: 02
SEISS (Self-Employed Income Support System) – 10: 22
Universal Credit – 16: 10
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For those in crisis:
The Samaritans: www.samaritans.org or call 116 123 (UK)
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Financial Obligation Counselling and Help for those in financial obligation crisis:
Christians Against Poverty: www.capuk.org
People Advice: 03444 111 444 www.citizensadvice.org.uk
National Debtline: 0800 808 4000 www.nationaldebtline.org
Action modification Debt Charity: 0800 138 1111 www.stepchange.org
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Follow me:
Twitter: @vwfl88
IG: @TheVicarsWifesFrugalLife
FB: The Vicar’s Wife’s Frugal Life
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A note from Cathy (the Admin of Facebook group Universal Credit fans the Self-Employed): “A number of points: if individuals are self used and presently on Tax Credits it is essential to believe really, extremely thoroughly certainly prior to declaring Universal Credit. Universal Credit is not something you can declare along with Tax Credits. A claim for UC, will instantly close your Tax Credits declare, which will be it, permanently. The self-employed are substantially disadvantaged on Universal Credit, so make sure you do your research study. Utilize a trusted calculator that permits the Minimum Income Floor (MIF) so you understand the impact this will have when it is reestablished, and likewise discover the other ramifications – like the capital limitation, the optimum 28 days out of the nation, month-to-month reporting, and not having the ability to set earnings aside for expense later on in the year.
The other point: as Rhiannon states, things are altering every day. Since today, we are not particular precisely how the Self Employed Income Support Scheme (SEISS) will connect to Universal Credit. Something that may end up being essential is for you to get categorized by UC as ‘Gainfully Self Employed’. If you inform them due to coronavirus you are now out of work, unless you word this really thoroughly and assert that you are self-employed, you might be categorized as out of work. This will suggest you will go through task search requirements, and might not be qualified for the 80% grant. “
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State pension age checker: https://www.gov.uk/state-pension-age
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Corona Virus Job Retention Scheme (Furlough): https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/ covid-19- support-for-businesses
Martin Lewis on Furlough:
https://covid19globalcases.com/coronavirus-uk-benefits-and-grants-systems-consisting-of-universal-credit/
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