Sorry this probably should go in money matters strictly speaking, but it’s an urgent question that I’m getting more and more stressed over the uncertainty so posting here for traffic.
My husband is self employed and usually earns comfortably in excess of the minimum income threshold, however due to sickness and big expenses this month it’s going to be close.
Our assessment period is from 22nd to 21st of each month. So part before the minimim wage increase, part afterwards. Does anyone know if they will calculate his minimum income floor based on the old minimum wage, or the new, or pro-rata? If it’s the old or pro-rata we’ll be just ok, if it’s all on the new rate we’ll need to urgently work something out. No idea what, but something.
I realise this is a very niche question, kind of hoping babyroobs is around as I’ve seen her name lots on threads about universal credit and always seems knowledgeable! Or anyone who knows, I’m not fussy!
Thanks for any help.