Self-employed losses carried forward in Universal Credit

Having worked through the draft regs in skeleton, all I can say is that anybody carrying on with manual calculations should buy a large pack of bloody big envelopes.

A4 or not A4, that is the question…

I read through them too, and was impressed by how much they simplified the current system

So let me get this straight -  under UC you will be encouraged to find work and it will be much simpler to understand by how much you’ll be better off
- but, earn too little or do too few hours and you’ll be penalised (by extra conditionality)
alternatively, earn too much and you’ll be penalised

I think I can see a theme developing.
Let’s hope you’re going to be worth the minimum wage ....

That is a mighty complicated way of saying that self-employed earnings should be assessed annually.  Because that’s what it amounts to isn’t it?

No it’s still monthly, look at example 4 graph 3.

I meant arithmetically ... it has to be assembled one month at a time, but the monthly carry over means you end up with the same result as an annual assessment.  12 times the labour for the same outcome as you get now!