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Income affected by lockdown?


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4 replies to this topic

#1 NullVoid

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Posted 05 April 2020 - 12:27 PM

If you've savings of £16,000 or over, you won't be eligible for universal credit. If you live with your partner, you must make a joint claim. Your partner's income and savings will be taken into account, even if they aren't eligible for universal credit.

So anyone who was saving for a deposit now has to eat away at their savings to make sure they don't have it after the plague restrictions has blown over but wait there are other options

 

 

New Style Employment and Support Allowance

https://www.gov.uk/g...pport-allowance

alternative credit IF you become sick or self isolate

https://www.itv.com/...e-how-to-apply/

 

 

 

Self-employment Income Support Scheme
https://www.gov.uk/g...-support-scheme
Coronavirus Job Retention Scheme
https://www.gov.uk/g...h-you-can-claim

 

 

Coronavirus Business Interruption Loan Scheme

https://www.british-...s-and-partners/

https://www.gov.uk/g...ion-loan-scheme

EUHSSssWkAAw43o.jpg

 

 

 

So anyone using these or going to need them,

3-6 Months reviewed every 3 weeks  is the stated time hopefully it doesn't get delayed like the last thing the government said they were going to "Get Done"

 

Anything i missed?



#2 Suffererof1crankymofo

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Posted 05 April 2020 - 02:25 PM

but forget government loans via some banks if you have property, even as an individual, but they'll offer you a few million instead of silly high rates.



#3 NullVoid

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Posted 05 April 2020 - 06:07 PM

but forget government loans via some banks if you have property, even as an individual

 

During the potato famine farmers (not raising beef) were unable to get aid from the British government if their farm was too big.

Solution sell half to beef farmer so Ireland can continue to export more beef instead of growing crops locals can actually afford.

 

Small (nonessential) business are shut down because the only way to effectively compete is to provide what they wouldn’t go the extra mile to provide.

 

Only the one size fits all big boys are allowed to operate.

 

 

Did you notice very few people younger than 45 own their house but almost everybody older either does or doesn’t want to?

If the young adults of today are just less hard working than their parents why did so many of their grandparents often live in slums or housing that would not look out of place centuries ago?

 

Get rid of affordable housing turn property market into Ponzi scheme.

Dwellings_completed_in_England_1946-2015

Families and those expecting a baby rarely buy houses these days but it was for a few decades the norm

 

Notice these are not money government is giving them for shutting them down its just a way to put financially responsible businesses into debt bondage.

 

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants but debt is the money of slaves.

 

220px-Put_it_into_National_War_Bonds.jpg

Honestly i think we need a way citizens should organize with local lenders to help our local business,

those of us that have savings why not have bonds that they could reimburse us for later.



#4 Colin

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Posted 05 April 2020 - 06:57 PM

"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants but debt is the money of slaves.".

 

Never were truer words spoken (or written). 



#5 George.

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Posted 05 April 2020 - 08:18 PM

^ Born a slave, lived as a slave and will probably die as one. Never been a lonely one, though. That's because there's a lot of us about. Westminster will probably deny it though.


Edited by George., 05 April 2020 - 08:20 PM.