Child benefit is a payment by the government to support certain people who are responsible for children up to the age of 20. The amount you can claim, if at all, depends on yours and your partner’s circumstances, as well as the number of children you are responsible for.
When you’re a self-employed dad-to-be getting to grips with your paternity pay rights will help with: planning the amount of take to time off; understanding how your earnings will be affected. Self-Employed Paternity Pay Whilst being your own boss can bring many benefits. When you are employed you have a right to claim for statutory (more…)
Claiming Universal Credit When You’re Self-Employed could provide you with some much needed financial support: While you build up your business; If your earnings have taken a dip. Universal credits help by topping up your income and then get reduced as you begin to earn more. Here’s how you find out if you’re eligible and (more…)
Universal Credit is a financial support system introduced by the government in October 2013. It was designed to simplify the benefits system by merging the six main benefits into one. What is Universal Credit Universal Credit is a form of financial support available for people with low income or needs some temporary help, including the (more…)
The New Enterprise Allowance Scheme (‘NEA’) is a government initiative to help unemployed people to: Go self-employed and start their own businesses; Develop their business, if they are already self-employed. So if you are out of work this can take you from job seeker to business owner. What is the New Enterprise Allowance? The NEA (more…)
Working Tax Credits are available to eligible individuals who earn below a certain threshold, including those who are self-employed. In order to qualify for working tax credits when you are self-employed, you need to meet very strict criteria. The Government keep the criteria really tight in order to avoid misuse of the Working Tax Credit (more…)
The Tax-Free Childcare system is available to self-employed parents, to help them with support for childcare costs. If you are self-employed and meet the criteria of the scheme you could be eligible for a government contribution of up to £2,000 a year to put towards your childcare costs. What is Tax Free Childcare The tax-free (more…)