I was just wondering if any of you on here who are contemplating starting their own business are being put off by the this new Universal Credit system that is being introduced? By that, I mean the way it will reportedly affect entitlement to Working Tax Credits as a self employed person.
I have just finished a temp admin job, and rather than go back on the dole, which I found very depressing, I want to start my own freelance writing business. However, when I heard about the changes this Universal Credit system will introduce in regard to ensuring that self employed MUST earn the MINIMUM WAGE from their new business, before they can be considered for a top up, it has put me off a little.
What do YOU all think? And has there been any more news yet on how this new system will actually affect self employed people?
I have just finished a temp admin job, and rather than go back on the dole, which I found very depressing, I want to start my own freelance writing business. However, when I heard about the changes this Universal Credit system will introduce in regard to ensuring that self employed MUST earn the MINIMUM WAGE from their new business, before they can be considered for a top up, it has put me off a little.
What do YOU all think? And has there been any more news yet on how this new system will actually affect self employed people?