Posting on behalf of a good friend who is struggling.
Last year they were employed and earned 26k gross 14/15. Unfortunately they lost their job and have since become the owner of a business that was loosing money. Due to their efforts the business is now breaking even and is likely to be in profit next year.
In the meantime my friend has split form their partner and become a non-resident parent. They are struggling for money. They have lots of debts which they are paying off in installments.
They live on business premises so rent etc. is tied up in the business costs.
They give themselves £100 per week.
I was wondering whether they'd be entitled to any help in the meantime, until the business is more profitable? Working tax credits or housing benefit?