Reply to: Transitioning from Contracting to Benefit's

[psychocandy]

In order to claim Contribution-based JSA, do you have to stop taking an income from your limited company, or is the criteria that you just have to be available for work and have paid sufficient N.I. contributions?

Thanks...

2nd one

[anorak]

In order to claim Contribution-based JSA, do you have to stop taking an income from your limited company, or is the criteria that you just have to be available for work and have paid sufficient N.I. contributions?

Thanks...

[Support Monkey]

I claimed in October 2010, maybe things have changed since then.

I was aware of the £16K personal savings limit, but the bank balance of a limited company that you're a shareholder of? (accepted - one is probably the sole shareholder!)

If your a shareholder some of that share could come your way which would equal earnings, and as TM says you cannot reason with these people they are not human but then if you had to deal with the great unwashed of society every week you would be the same

[kingcook]

Try explaining the difference between company funds and personal funds to a guy who works in the Job Centre

But would one have to show bank statements for their ltd co? If i bought shares in BT i wouldn't be required to show BT's bank statements. Or does the fact that one would be a majority/sole shareholder count? What questions do the JS ask? Not that i'm in this situation myself... just curious

When I claimed JSA a couple of years ago and showed my previous payslips and dividend vouchers, i got a funny look and a "uhhhh.... o..... k.....". But the claim went through OK once it passed to their head office.

[TestMangler]

I claimed in October 2010, maybe things have changed since then.

I was aware of the £16K personal savings limit, but the bank balance of a limited company that you're a shareholder of? (accepted - one is probably the sole shareholder!)

Try explaining the difference between company funds and personal funds to a guy who works in the Job Centre

[kingcook]

How long ago was this because you do now and you have to show the ones you applied for ,when the closing date is and the outcome, you have to fill in a form for when you report back in every 2 weeks, although your right eventually you will need to apply for anything if there is nothing in your specific field

I am not sure how well you would get on with the "well you never asked" argument when your dragged in to explain why you claimed when you had all this money in the bank

I claimed in October 2010, maybe things have changed since then.

I was aware of the £16K personal savings limit, but the bank balance of a limited company that you're a shareholder of? (accepted - one is probably the sole shareholder!)

[Support Monkey]

Trainspotting (5/12) Movie CLIP - Spud's Job Interview (1996) HD - YouTube

Seriously though, you don't need to apply for 3 jobs per week. For me, I had to just show that i'd looked for jobs. They are pretty lenient for the first 3 months (or maybe 6). After that, they take a harder line and expect you to apply for jobs outside of your comfort zone (e.g. if you're a Java developer, they'd expect you to look for jobs that has anything to do with a computer).



I wasn't asked about my company's bank balance when I applied.

How long ago was this because you do now and you have to show the ones you applied for ,when the closing date is and the outcome, you have to fill in a form for when you report back in every 2 weeks, although your right eventually you will need to apply for anything if there is nothing in your specific field

I am not sure how well you would get on with the "well you never asked" argument when your dragged in to explain why you claimed when you had all this money in the bank

[kingcook]

To claim JSA you need to apply for 3 jobs a week every week they will want your CV when you go for your meeting and you have to go through the process of reporting your actions every 2 weeks

Trainspotting (5/12) Movie CLIP - Spud's Job Interview (1996) HD - YouTube

Seriously though, you don't need to apply for 3 jobs per week. For me, I had to just show that i'd looked for jobs. They are pretty lenient for the first 3 months (or maybe 6). After that, they take a harder line and expect you to apply for jobs outside of your comfort zone (e.g. if you're a Java developer, they'd expect you to look for jobs that has anything to do with a computer).

you will need to declare any money in the company\personal which will be set against what your entitled to

I wasn't asked about my company's bank balance when I applied.

[Support Monkey]

Good luck, its not a good position to be in and to be honest you would be better off just taking some low level factory job instead

To claim JSA you need to apply for 3 jobs a week every week they will want your CV when you go for your meeting and you have to go through the process of reporting your actions every 2 weeks

for Housing i am assuming you have kids and are living in rented accomadation, you will need to be in receipt of JSA or other benefits before you can claim

you will need to declare any money in the company\personal which will be set against what your entitled to

and its a soul destroying process for anyone, Just saying like

[TestMangler]

Hi again all

How do I do this? in practice. Do I email myself giving myself notice? with my name on the top And the bottom of the letter? The whole point is to look credible.

Richard

Doesn't matter a f'k matey. Just phone the number and answer the questions. Try to make sure you have less than 16K in personal and business accounts. On second thoughts, don't try, make sure...

[richard101]

Hi again all

How do I do this? in practice. Do I email myself giving myself notice? with my name on the top And the bottom of the letter? The whole point is to look credible.

Richard

[petergriffin]

But I just clicked on the link and entered my details on the site and goodness me, the amount that can be earned from welfare
is not far off some salaries being offered for permie devs outside the big smoke.

Bollox. Examples please!

[insur]

previously discussed here

I've never claimed any sort of benefit since I started working.

But I just clicked on the link and entered my details on the site and goodness me, the amount that can be earned from welfare
is not far off some salaries being offered for permie devs outside the big smoke.

[chef]

previously discussed here

[psychocandy]

Nope. For first so many months, JSA is contributions-based. Basically, if you're not working, and you've paid NI you can get it.

To be honest, I'd be down there monday after I finished. Bit complicated if you've still got money in the company but it can be sorted.

Not sure if its changed now, but 10 years ago I did this and claimed straight away. Bit of hassle but it all went through in the end.