Martin Lewis urges savers to reapply for Universal Credit as DWP updates assessment rules | Personal Finance | Finance


Self-employed claimants may face additional penalties in the coming months as last week, Ministers confirmed Minimum Income Floor (MIF) rules will be reinstated in August.

The MIF can place caps on how much money is awarded to self-employed claimants- and as it is being reintroduced during the same period as the uplift is removed, freelancers could face two cuts in one month.

In light of this news, the DWP confirmed self-employed claimants will be given a month’s notice before the MIF hits them, with many not expected to be affected until next year.

Jobcentre work coaches will also be given new powers to suspend the MIF for up to two months at a time on a case-by-case basis.

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