Universal credit ‘costs the self-employed thousands of pounds a year’

Businesses, unions and charities warn the rules are biased against those setting up their own companies

A coalition of businesses, unions and charities is demanding a rethink of the government’s welfare reforms, warning they will damage entrepreneurship and cost some self-employed people thousands of pounds a year.

Concerns have already been raised about the potential impact of universal credit on the self-employed, with analysts saying the system is biased against those who set up their own companies. Someone who is self-employed can receive up to £2,500 less than an employee with the same earnings.

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from The Guardian https://ift.tt/2NKLMUz

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