u/Fair_Ad_7441

Hi,

This one's slightly different than most people's twice in one assesment period question.

I'm due to be paid a full salary from my current employer on Monday, and unfortunately my previous employer which I left on 26/6/26 is also paying me a full pay on Monday.

I'm not entitled to the money from the previous employer, so in this assessment period I'll have two payments, usually fine for most people.

But I'll have to pay this pay back to my previous employer, so I'll lose out on Universal Credit, plus have to pay back the payment to my previous employer, I'll end up hugely out of pocket, is there any way to mitigate this?

Thank you in advance

I'm hoping someone has been in a similar position;

I'm employed full-time, take-home pay is ~£2000, we've got 3 children, ones disabled, etc etc, universal credit pay us an amount with a deduction for my earnings, let's say it's £2000 a month including housing.

If I was to also be self employed as a sole trader, let's say earning £1000 clear profit per month, my understanding is I can pay that directly into a SIPP/pension and it wouldn't be counted as further earnings.

Would this be correct to anyone's knowledge?

Thank you 😀

Hello everyone,

I'm starting my journey towards FIRE at 30,

I currently have £19k in a SIPP with Vanguard, I've recently changed jobs and I can happily live well on my prior salary.

My employer has a DC salary sacrifice in which they'll match 10%, I intend to contribute 40%, putting roughly £25k a year into my pension.

I've made some calculations, but can someone reaffirm my math before I embarrass myself.

I'm wanting to withdraw £50k a year/equivalent to today's money.

Thank you