Ferret's Self-employed losses carry-forward for UC                    
  2020 /2021                            
    Loss Carried forward (including those in a claim period more than 6 months ago).  Minimum Income Floor value.  Announced as suspended for duration of CVD crisis See Ferret's MIF Reckoner.                  
  From 6/4/2020                            
    Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12   Carried forward to following year
  Loss Carried forward   
  Actual receipts or share of partnership(s)    
  Allowable expenses     
  see Ferret's self-employed expenses reckoner                            
  Initial earnings assessed for UC    
  Paid to HMRC for NI & Income Tax    
  Interim value     
  Pension contributions (not already offset for earnings)    
  Self-Employed earnings used for UC    
  Deduct loss Carried forward where applicable    
  Initial UC Earnings    
  Earnings for UC    
  © Ferret Information Systems 2020                            
  Ferret's systems including benefit calculators