Daftest question from an agent?

[SlipTheJab]

That is the real world where directors of companies turning over £80+k a year champion JSA as part of their business plan...

Low salary, dividends, claiming an iPad/iPhone as an expense, income splitting with the missus..., my point is that if you get up to any of this, taking the high ground with PC claiming JSA is a bit rich...

[northernladuk]

You think a workshy helpdesk guy like PC could turn over £80k at £7.48 per hour?

Hmm I didn't consider that. I only thought about the fact he's claiming outside IR35 when he's clearly in so just went for the gross figure. I thought that would cover permatractors and contractors alike.

[Old Greg]

Low salary, dividends, claiming an iPad/iPhone as an expense, income splitting with the missus..., my point is that if you get up to any of this, taking the high ground with PC claiming JSA is a bit rich...

Doesn't it depend on the circumstances in which he was claiming JSA?

[Old Greg]

Hmm I didn't consider that. I only thought about the fact he's claiming outside IR35 when he's clearly in so just went for the gross figure. I thought that would cover permatractors and contractors alike.

The IR35 issue is irrelevant anyway at those levels. It's all about maximising the tax credits for his wife's kids.

[SlipTheJab]

Doesn't it depend on the circumstances in which he was claiming JSA?

The only thing that matters is whether he is legally entitled to it, just like we are legally entitled to do all of the stuff we do to maximise income.

[Old Greg]

The only thing that matters is whether he is legally entitled to it, just like we are legally entitled to do all of the stuff we do to maximise income.

Was he legally entitled to it?

[northernladuk]

Low salary, dividends, claiming an iPad/iPhone as an expense, income splitting with the missus..., my point is that if you get up to any of this, taking the high ground with PC claiming JSA is a bit rich...

It's not the fact he claimed it. It's the fact he bangs on and on like he's proud of it. Look at his sig. He's inviting it with that alone. It's just ridiculous.

And it's not even in the same league as the items you mentioned. They are all in guides and advice given buly professionals and HMRC. JSA isn't so an invalid argument really.

[Old Greg]

It's not the fact he claimed it. It's the fact he bangs on and on like he's proud of it. Look at his sig. He's inviting it with that alone. It's just ridiculous.

And it's not even in the same league as the items you mentioned. They are all in guides and advice given buly professionals and HMRC. JSA isn't so an invalid argument really.

It's not just that. IIRC he had savings in the company that he didn't declare (apologies to be provided IIDNRC):

Can limited company contractors claim?

The short answer is yes, a limited company contractor who is a company director and shareholder can claim JSA. They must meet the eligibility requirements and ongoing conditions in the ‘Jobseekers Agreement’ that has been agreed with Jobcentre Plus, which administers the JSA scheme.

The key point for limited company contractors to bear in mind is that their limited company’s business assets will be considered ‘capital’ and added to their personal assets and capital when they are means tested. Until combined funds and capital in the business and held personally fall below £16,000, the contractor will not be able to claim JSA.

In addition, if the contractor regularly pays large dividends, these and any cash in the business will be considered part of the contractor’s savings limit of £16,000.

[psychocandy]

You think a workshy helpdesk guy like PC could turn over £80k at £7.48 per hour?

Yeah yeah. You believe what you want that you've got the biggest willy.

[psychocandy]

That is the real world where directors of companies turning over £80+k a year champion JSA as part of their business plan...

NLUK I;m sure you make it up as you go along. I have NEVER said JSA is preferable, just an option if you're stuck. Nothing wrong with this.

At least stick to the facts...