Reply to: What's does wife tell dole I earn?

[SueEllen]

Is mrs a shareholder? Not sure if income from being shareholder would preclude here from JSA though.

Not for the first 6 months.

They even ignore the redundancy pay for the first 6 months.

After that they look more closely at all income and savings.

[Zoiderman]

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.

I don't know about your wife, but my wife would go and claim it just to make sure I knew who was in charge of her.

The truth is, if you want to claim benefits, there are ways and means. If you want to, you can declare a contract on minimum wages, as you are allowed to, and claim as much as you can. While you are at it, you could also look at claiming working tax credits.

I don't see why claiming any benefits should be taboo, when all around you are shafting money out of you left, right and centre.

I say fill your boots, but do it legally.

HTH

[psychocandy]

You can JSA based on NI contributions for so many months. Irrelevant what partner earns.

Is mrs a shareholder? Not sure if income from being shareholder would preclude here from JSA though.

[BlasterBates]

Tell the truth and don't hide the information. Nothing to gain from hiding your dividend income other than a huge fine. If they have a rule to exclude dividend income then they'll apply it, so you won't lose anything. If you think you'll get more by not declaring it, that'll be because it's fraud.

[northernladuk]

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.

I can kinda see why you would think this in principle after my one and only harrowing experience trying to sign on but if she is due it then go for it IMO. Permies may have a harder time than contractors do getting roles and they are bloody pigs when it comes to back claiming (i.e. you can't unless there is a medical reason etc)

[kingcook]

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

If she's entitled to JSA and/or other benefits, she should take up that offer, IMO.

[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.

[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.

[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

[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

[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

[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?

[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

[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.

[northernladuk]

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