Assessing Housing Benefit for Self-Employed Claims:
Workshop
This workshop covers all the regulations and case law relating to Housing Benefit self-employed claims. We will explain how to use accounting records to establish income and capital and work out notional tax and national insurance. This workshop was written by our experts who have over 25 years experience in local authority legislation.
The Agenda:
Identifying the Self-Employed
- Legal and HMRC definitions of a self-employed earner
- The duties of a self-employed person
- Establishing the nature of the business
- What is not counted as self-employed?
Evidence of Self-Employed Income
- Standards of evidence
- Reasonable requests for evidence
- Good practice guidance
The Assessment Period
- What is an assessment period?
- What assessment period should you use?
- Brand new business / established business
Gross Profit
- Certified accounts / summary of income
- Brand new business / established business
- Business capital e.g. assets, loans, grants and allowances (including BSUA, Princes Trust, etc.)
Business Expenses
- What is allowable and not allowable?
- Reasonable expenses
- Drawings
- Employing a spouse or partner
- Shared expenses
- Working from home
Calculations
- Calculating the pre-tax profit
- Calculating notional income tax
- Calculating notional national insurance
- Calculating pension contributions
Cases Treated Differently
- Self-employed child minders
- Share fishermen
Who should attend?
There are no formal pre-requisites for this Assessing Housing Benefit for Self-Employed Claims workshop, but some experience of Housing Benefit would help you make the most out of the content.
Pricing:
The cost of the workshop is £275 per person plus VAT.
