JSA and Starting part time work

HiToAll

I have asked this before but just wanted clarification please.

I have to sign on today and have done some work over the last few weeks (9 hours one week (£360) and 4.5 hour the other (£180)) since i signed on last.

I however, dont get paid for these hours until the 26th May.

When should i inform the job centre?
Should i inform them today as i have worked since i last signed on, or should i wait until i get paid for the hours and inform them on my next sign on day after the 26th May?

i dont want to do anything wrong, just making sure i am doing it as I should.

Thanks

Morlock

You need to declare any work you have done in the last two weeks since you signed on. This will probably mean that you will not receive any JSA for the past fortnight as your earnings are too high within that period to qualify.

HappyMJ

It's up to you. Is this self employment? It sounds suspicously like SE. What is the profit after your deductions? What accounting method do you use? Accounting for cash as you recieve it and when you spend it or the accruals method accounting for invoices as they are issued and expenses as they are incurred rather than when you pay them? You are supposed to notify them the next time you sign on but if the client may not pay then you can notify them when you are actually paid and then they will deduct it from the payment due to you then. It effectively makes little difference as to when you notify as the payment you get will be the same.

HiToAll

Thanks for the replies, but even if it does look suspiciously like self employment it is not.

I am a visiting lecturer at a university and have done some hours, but you have to send in your hours claim form by the 7th of the month to get paid at the end of each month. As the 7th April has passed, the next time i have to send in a claim form is the 7th May, hence why i get paid at the end of May.
I also have a 3 month contract for a set number of hours with the university, and is paid as PAYE.

Hope this makes sense.

HappyMJ

HiToAll wrote: »

Thanks for the replies, but even if it does look suspiciously like self employment it is not.

I am a visiting lecturer at a university and have done some hours, but you have to send in your hours claim form by the 7th of the month to get paid at the end of each month. As the 7th April has passed, the next time i have to send in a claim form is the 7th May, hence why i get paid at the end of May.
I also have a 3 month contract for a set number of hours with the university, and is paid as PAYE.

Hope this makes sense.

OK....I'd notify the jobcentre next time you sign on and claim for a crisis loan at the same time so that you still get your payment which will be repaid in May.

On another note you should consider doing this work on a self employment basis. http://www.hmrc.gov.uk/manuals/esmmanual/esm4504.htm

HiToAll

HappyMJ wrote: »

OK....I'd notify the jobcentre next time you sign on and claim for a crisis loan at the same time so that you still get your payment which will be repaid in May.

On another note you should consider doing this work on a self employment basis.

Thank you very much for this i will read through it properly today but on browsing it seems very appropriate to my situation.
Just wanted to say thanks, as didn't think just clicking thanks was enough for that info:)

HappyMJ

HiToAll wrote: »

Thank you very much for this i will read through it properly today but on browsing it seems very appropriate to my situation.
Just wanted to say thanks, as didn't think just clicking thanks was enough for that info:)

It just seemed to me that the hourly rate was high enough to be self employment. Consultants/visiting lecturers whatever should always be self employed if they can. You can then deduct a lot of expenses against that income (travel to client site for one) and if you use the cash method of accounting you don't need to tell the jobcentre until you have physically been paid. If you use the accruals method you need to tell them each fortnight.

HiToAll

It is £40.86 per/hour. Is that high enough to be SE.

Also, i am sorry you have lost me on 'cash method of accounting versus accruals method'.

HappyMJ

HiToAll wrote: »

It is £40.86 per/hour. Is that high enough to be SE.

Also, i am sorry you have lost me on 'cash method of accounting versus accruals method'.

Very rare to find a PAYE job paying so much for so few hours...Possible but just rare.

Cash accounting you would account for things when you get the money or spend the money. Accruals is when you account for money when you issue an invoice or an expense is incurred but not yet paid. It makes a big difference around the end of a tax year. Most people use the cash method. If a client doesn't pay then the entry would never appear in the accounts. If you used accruals you would have declared it as income and then have a creditor then when they don't pay you would have to write the debt off to cancel out the entry. It doesn't really make much difference to small business people.

Cash method of accounting you account for the cash on the 26th May. Accruals method you account for it on the last day you did the work and send the invoice.

HiToAll

I see, thanks for the clarification.

I guess i have found the rare occasion as i have signed the contract for that amount of money:) All visiting lecturing jobs are the same amount give or take a few pounds as they actually pay 2.5x the hourly rate for a lecturer carrying out the same role but on a full time basis. Takes into consideration time taken to prepare, create lecture material, research etc. That is why it is this amount.