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  • FIRST POST
    • littlesprog
    • By littlesprog 8th Mar 17, 4:19 PM
    • 3Posts
    • 0Thanks
    littlesprog
    ltd Company claiming benefit help
    • #1
    • 8th Mar 17, 4:19 PM
    ltd Company claiming benefit help 8th Mar 17 at 4:19 PM
    Hi,

    I am the sole director of a Ltd Company, which frankly is unfortunately in trouble.
    Its a construction buisness which has been hard hit, I have put almost all my savings almost 20k in to try keep the company afloat, and now through Ill health, I havnt worked since November, I am on the floor.

    Q can I claim tax credits, pension credit , Council tax,mortgage help.
    is the citizens advice best place to go

    Thanks for any help..
Page 1
    • teddysmum
    • By teddysmum 8th Mar 17, 4:28 PM
    • 7,444 Posts
    • 4,377 Thanks
    teddysmum
    • #2
    • 8th Mar 17, 4:28 PM
    • #2
    • 8th Mar 17, 4:28 PM
    Look on the Government website, where it gives criteria.


    You can't get Pension Credit unless you were of State Pension age last April.
    • Darksparkle
    • By Darksparkle 8th Mar 17, 4:41 PM
    • 4,181 Posts
    • 2,669 Thanks
    Darksparkle
    • #3
    • 8th Mar 17, 4:41 PM
    • #3
    • 8th Mar 17, 4:41 PM
    Is the company paying you ssp?

    You'll need to give more info on your personal circumstances:

    Age
    Single/partner
    Working hours (before sick)
    Children
    Disabilities
    Income for last tax year and estimated this tax year (e.g. Salary, dividends etc)
    • littlesprog
    • By littlesprog 8th Mar 17, 4:50 PM
    • 3 Posts
    • 0 Thanks
    littlesprog
    • #4
    • 8th Mar 17, 4:50 PM
    • #4
    • 8th Mar 17, 4:50 PM
    Is the company paying you ssp?

    You'll need to give more info on your personal circumstances:

    Age 58
    Single/partner married (wife 65)
    Working hours (before sick) 40 officially more like 90 lol
    Children none (left home)
    Disabilities none
    Income for last tax year and estimated this tax year (e.g. Salary, dividends etc)
    Originally posted by Darksparkle
    5880

    Basically Im paying myself with my own money ive having put into the company, yes SSp 88 odd per week, 28 weeks ends this fri.
    • Darksparkle
    • By Darksparkle 8th Mar 17, 5:52 PM
    • 4,181 Posts
    • 2,669 Thanks
    Darksparkle
    • #5
    • 8th Mar 17, 5:52 PM
    • #5
    • 8th Mar 17, 5:52 PM
    Is your wife working? If so what's her working hours and income?
    • Housing Benefit Officer
    • By Housing Benefit Officer 8th Mar 17, 8:09 PM
    • 2,272 Posts
    • 4,071 Thanks
    Housing Benefit Officer
    • #6
    • 8th Mar 17, 8:09 PM
    • #6
    • 8th Mar 17, 8:09 PM
    Yes you can claim.
    These are my own views and you should seek advice from your local Benefits Department or CAB.
    • FredBloggsIII
    • By FredBloggsIII 10th Mar 17, 5:52 PM
    • 6 Posts
    • 1 Thanks
    FredBloggsIII
    • #7
    • 10th Mar 17, 5:52 PM
    • #7
    • 10th Mar 17, 5:52 PM
    Try the benefits calculator on the Turn2Us website. It will look at your situation and tell you at the end what you could get.

    I did it and ended up claiming and getting housing benefit, council tax reduction and working tax credits. Working tax credits are central (HMRC) and veryyyy slowwww so apply as early as you can.

    If you have a good accountant or do a bit of research, you can get your 'final income' very low indeed. Make sure you add on every allowable expense! But be truthful of course!
    • fishybusiness
    • By fishybusiness 11th Mar 17, 8:16 AM
    • 1,074 Posts
    • 657 Thanks
    fishybusiness
    • #8
    • 11th Mar 17, 8:16 AM
    • #8
    • 11th Mar 17, 8:16 AM
    littlesprog, I started a ltd in 2015 whilst living on benefits.

    Our benefit support was high in the beginning as earnings were low, now we are doing ok and benefit suport is tapering off.

    So yes, you can, you will need all of your financial info, including wage slips, HB team will need them,
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