Martin is renowned for his practical tips, tricks, hacks and financial advice and is a trusted source of information for many Britons.
He said on Twitter: “On November 13, a huge chasm awaits many self-employed workers as Rishi Sunak’s Covid suspension from the universal credit minimum income floor ends.
“That is, the self-employed will be assumed to have income for the purpose of calculating universal credit, even if they don’t.
“I would suggest that the self-employed contact their MP as soon as possible. ”
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The major change, called the minimum income floor (MIF), limits the amount of benefits that the self-employed can get.
He was suspended for eight months due to Covid-19, but that suspension is due to end on November 13, BirminghamLive reports.
The Institute for Tax Studies has found that up to 450,000 low-income households are seeing their payments reduced by an average of £ 3,200 per year as a result of this policy.