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AIBU?

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Partner hasn't submitted dividends

52 replies

universalcred8 · 25/06/2024 11:04

Please don't judge as I am so upset and worried, I have changed some minor details as could potentially be outing.

Partner owns business, takes £900 wages and the rest in dividends.

I claim UC, had my DS 11 months ago and have had health complications since. I do plan on going back to work when I've had the 2 operations I need.

Partner moved in and had to move to a joint claim, absolutely fine, attended meeting at job centre, had to give copies of business registration, certificates, quotes, proof of earnings etc. all submitted.

UC been paying for 8 months and have just asked for 6 months worth of bank statements. Absolutely fine, uploaded bank statements, partner hasn't realised he has to declare dividends, now I've seen them and uploaded them I have such bad anxiety that I'm going to be in trouble.

I am out of my mind with worry. Does anyone know what happens? I've left a note on my journal to my work coach but no reply yet.

OP posts:
Badbadbunny · 26/06/2024 12:24

MyKingdomforaNameChange · 25/06/2024 16:06

Pretty sure that as a self employed person, they want to know the business's profit per month, not however much your boyfriend chooses to pay himself. I'd check this, as you may not be entitled to anything if his profit is much higher than his wage and dividends.

You're absolutely right. Under Universal Credit, they want to know what profit the business is making etc., not how much you are withdrawing. They treat you as self employed even though, legally, you're a separate legal entity apart from your limited company.

https://www.litrg.org.uk/benefits/universal-credit/limited-companies-and-universal-credit#:~:text=For%20universal%20credit%2C%20if%20you,as%20your%20self%2Demployed%20income.

Limited companies and universal credit | Low Incomes Tax Reform Group

For universal credit, if you are an owner or director of a limited company you may be treated as though you are self-employed and the company income

https://www.litrg.org.uk/benefits/universal-credit/limited-companies-and-universal-credit#:~:text=For%20universal%20credit%2C%20if%20you,as%20your%20self%2Demployed%20income.

whichmag · 11/07/2024 08:50

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