Hi. I'm a single parent, and Housing Benefit requested a ‘full review’. If you don't report a drop in income, what happens?
I claim HB, I Tax Credits, and Child Tax Credits. My business suffered during the pandemic, but I did not report the lowered income.
My business eventually stalled, but I'll start again in January. Instead of claiming more, I accepted the lower income while trying to keep the business afloat but HB requested a full review before I could make improvements.
When they see I didn't report the change, I am unsure of what action they will take.
I would like to know what consequences I may face.
Thanks.