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tabling member › label	Biography information for Marion Fellows
answer › answering member constituency	Reading West
question text	To ask the Secretary of State for Work and Pensions, for what reason her Department requires owners of limited companies to provide company financial accounts when applying for universal credit; and if she will review that policy.

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

grouped question UIN

question first answered

answering member


label

tabling member


label

1062114

registered interest

date

15/02/2019

answering body

Department for Work and Pensions

answering dept id

answering dept short name

Work and Pensions

answering dept sort name

Work and Pensions

hansard heading

Universal Credit

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Secretary of State for Work and Pensions, for what reason her Department requires owners of limited companies to provide company financial accounts when applying for universal credit; and if she will review that policy.

tabling member constituency

Motherwell and Wishaw

tabling member printed

Marion Fellows

uin

222036

answer

is ministerial correction

date of answer

20/02/2019

answer text

The Department does not require owners of limited companies to provide company financial accounts when applying for Universal Credit. Self-employed earnings are reported on a simplified 'cash accounting' basis, which asks for the total income from receipts into the business and details of payments out of the business under defined categories during the assessment period. The requirements were designed to be as simple as possible in order for self-employed claimants to easily report their earnings. The Department has therefore not made an assessment.

answering member constituency

Reading West

answering member printed

Alok Sharma

grouped question UIN

222037

question first answered

20/02/2019 17:36:18

answering member

4014

	label	Biography information for Sir Alok Sharma

tabling member

4440

	label	Biography information for Marion Fellows