What's does wife tell dole I earn?

[jamesc77]

I own ltd co and pay myself £600 salary and the rest dividends. My wife has just been made redundant and will be signing on. They have asked what I earn? Does dividends count as salary or do we just declare the £600 p/m?

[northernladuk]

Does the form not ask for 'income' not 'salary'?

[kingcook]

I own ltd co and pay myself £600 salary and the rest dividends. My wife has just been made redundant and will be signing on. They have asked what I earn? Does dividends count as salary or do we just declare the £600 p/m?

Dividends should be included as part of your income.

How much dividend you may or may not decide to declare in the coming tax year is up to you.

[Support Monkey]

its based on Household income.

If you don't declare dividends they will want to know why you earn below the minimum wage and then you will have to declare them and when you declare dividends you will be earning to much for her to claim JSA anyway

[BrilloPad]

I own ltd co and pay myself £600 salary and the rest dividends. My wife has just been made redundant and will be signing on. They have asked what I earn? Does dividends count as salary or do we just declare the £600 p/m?

Why does your wife need to sign on? Can't you support her?

[Boo]

If you don't declare dividends they will want to know why you earn below the minimum wage

No they won't and it's utterly irrelevant anyway. You earn below the minimum wage because you are a company director, see here.

Boo

[Boo]

Why does your wife need to sign on? Can't you support her?

His wife is signing on because she has been made redundant. She is entitled to do so and may be entitled to contributions-based JSA irrespective of her husbands' earnings.

Boo

[northernladuk]

His wife is signing on because she has been made redundant. She is entitled to do so and may be entitled to contributions-based JSA irrespective of her husbands' earnings.

Boo

I think Brillo means give her shares, pay her minimum wage marlarky

[Support Monkey]

No they won't and it's utterly irrelevant anyway. You earn below the minimum wage because you are a company director, see here.

it is relevant!! Op was asking does he need to declare dividends

If he does not and gives his earnings they will say thats below the NMW why? because he is a director so would have access to other income (dividends).

if they were paying NMW they might have got away with it (right or wrong thats another question) but saying you earn less than the NMW for the hours worked is a red rag to a bull for DWP to check.

[BrilloPad]

His wife is signing on because she has been made redundant. She is entitled to do so and may be entitled to contributions-based JSA irrespective of her husbands' earnings.

Boo

I think Brillo means give her shares, pay her minimum wage marlarky

Its a good idea from NLUK - but actually I just wondered why. I would never let a wife of mine claim from the state. Not that it would do much good as I have always earned more than enough to make dole out of the question.