Why do self-employed non-dependents have their income for Housing Benefit and Council Tax Benefit assessed on their gross income without any allowance being made for the expenses of the business?
2007-01-29 01:59:16 · 1 answers · asked by epbr123 5 in Business & Finance ➔ Taxes ➔ United Kingdom
My local Council insists that for self-employed non-dependents it is based on turnover, not net-profit. For self-employed tennants it is based on net-profit.
They said themselves that its a bizarre rule and that I should write to my MP in an attempt to change the law.
2007-01-29 11:30:46 · update #1
They don't mean the turnover of your business, they mean the income that you draw from the business. I think you are getting confused over the terminology.
The 'income' you draw from the business will be after your business expenses, but before tax.
2007-01-29 10:24:34 · answer #1 · answered by notmarriednochildren 4 · 0⤊ 0⤋