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August 19, 2022
HR Technologies

Massive increase in numbers of self-employed people on universal credit

A new report from IPSE (the Association of Independent Professionals and the Self-Employed) suggests that there has been a massive increase in the number of self-employed people on Universal Credit since 2019. The previously unpublished data, which IPSE extracted from the ONS Labour Force Survey, showed that the total number of self-employed people on Universal Credit increased from 46,800 in 2019 to 206,200 this year, an increase of 341 percent. IPSE has argued a key factor in the increase was the government’s suspension of the Minimum Income Floor (MIF), which previously hindered or prevented many self-employed from accessing Universal Credit…
Massive increase in numbers of self-employed people on universal credit

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