Is there anything like Enterprise Allowance any more?

Sharon_R

Hi
Being a victim of the credit crunch and not finding a job, I have decided to follow that niggle in my head to set up a web-site.
Years ago there was a scheme called the 'Enterprise Allowance Scheme' where you got a fixed amount each week for the first year when you started the business.
Is there anything like this now?
I am on JSA and if I make myself self-employed will I not get any help whilst I am setting up?
:rotfl:

busy_mom_2

There is support for people becoming self employed through new deal. you will need to ask at your local office to see what is available in your district. There is an early entry critera so you will have to ask if you are eligble but be aware once you are on new deal you can't get off!!!!!!!

mvengemvenge

Sharon_R wrote: »

Hi
Being a victim of the credit crunch and not finding a job, I have decided to follow that niggle in my head to set up a web-site.
Years ago there was a scheme called the 'Enterprise Allowance Scheme' where you got a fixed amount each week for the first year when you started the business.
Is there anything like this now?
I am on JSA and if I make myself self-employed will I not get any help whilst I am setting up?
:rotfl:

The New Deal Self Employed option covers three stages. Stage 1 & 2, you go over your idea and Business Plan, etc, attend a seminar. Stage 3, you set up a joint bank account with the appropriate provider and can only draw on it (joint signature) for business use. In the meantime, you receive all your usual JSA benefits, plus a travel/meal allowance of £15.38 p/w. This goes on for 6 months, then, hopefully, you can stand on your own two feet. However, you no longer get the £40 p/w you got under EAS.

Sharon_R

Hi
I have just had alook at this and it seems the criteria is being on JSA for 18 months or more, which is not relevant to me.

Is there anything else or any other help?

poker_face

Sharon_R wrote: »

Hi
Being a victim of the credit crunch and not finding a job, I have decided to follow that niggle in my head to set up a web-site.
Years ago there was a scheme called the 'Enterprise Allowance Scheme' where you got a fixed amount each week for the first year when you started the business.
Is there anything like this now?
I am on JSA and if I make myself self-employed will I not get any help whilst I am setting up?
:rotfl:

You only need to register as self employed within 3 months of your first earnings I believe.

busy_mom_2

as a rule you qualify for new deal at 18 mnth unemployed (aged 25+) but there is an early entry eligibility so ask at the job centre, bear in mind though once on new deal you have to complete if even if the self employment doesn't work out or the providers don't think you idea is viable:rolleyes:

Horace

I am currently half way through my test trading period with New Deal - I got onto it because I am disabled and at the time had been unemployed for 6 months. The jobcentre will send you a P45 but you will still get your benefit plus an extra £15.38 a week trading allowance. I have to have fortnightly meetings at my local chamber of commerce, where I sign on essentially and provide a report on what I have done and what I plan to do, I also have to have a weekly telephone contact on the weeks where I don't go to the chamber. I have a bank account but I am given a paying in book to pay money in but any drawings have to be discussed at the chamber and they will counter sign the cheques (they keep the cheque book). I put my weekly £15.38 into my business account and use it for paying my insurances.

The stages are very interesting and the first one will decide whether or not you have a viable business proposition, if you have then you can continue but be warned if you submit your business plan before the end of stage 2 and it gets accepted then you stop stage 2 at that point and then move onto stage 3 (you are given some time before stopping stage 2 to starting stage 3).

Unfortunately, the government did away with the Enterprise Allowance a good while ago but there is talk (and knowing the government it is just talk) of them bringing back something similar but I will believe it when I see it.

Now I have the support of my local chamber, I am have no intention of returning to the dole and will be applying for disabled working tax credits and will even consider getting a job selling advertising space to tide me over whilst I am waiting for clients.

HTH

manulike

As of April there is a new £50 pw credit given for the first 16 weeks of employemt for any newly self emplyed that have been unemployed for 6 months.
There is a full explanation on the "jobcentreplus" website

Prophet~of~Profit

manulike wrote: »

As of April there is a new £50 pw credit given for the first 16 weeks of employemt for any newly self emplyed that have been unemployed for 6 months.
There is a full explanation on the "jobcentreplus" website

Manulike u r a star for that nugget of information - and so timely too:money:
But when u said that : "There is a full explanation on the 'jobcentreplus' website" alas to say, it escapes me. The website is !!!! and i am amazed that anyone can find anything there!

Pleeeeeeeeeas provide link, or tell me the name specifically of this strange and exotic credit so i can say it so to the retards in Kilburn Jobcentre lest they say it does not exist.

{And if anyone else knows what it is or where the form resides pls inform me}

Thanx

nexuss

If you have been getting Jobseeker's Allowance for at least six months and you set up as self-employed working at least 16 hours a week,you may be able to get a self-employment credit worth £50 a week.You can only get it if you stop claiming Jobseeker's Allowance and expect your work to last at least 5 weeks.

Oldernotwiser

Prophet~of~Profit wrote: »

Pleeeeeeeeeas provide link, or tell me the name specifically of this strange and exotic credit so i can say it so to the retards in Kilburn Jobcentre lest they say it does not exist.

Does it not occur to you that possibly one of those "retards " has taken the time to answer your question? These boards would be far less useful to people in your situation if JCP staff didn't answer questions on here in their own time!