selfemployed. is it worth signing on
gnc
Posts: 8
Forumite
ive been self employed for a number of years. 60 years old, receiving working tax credit and have a class2 NIC small earnings exception certificate. now i have lost the rental income from a property that i own, i am considering signing on for unemployent benefit ( what ever it is called nowadays ) because theoreticaly the £71 benefit will be more than the working tax credit i receive. will i get that amount. any advice is much appreciatted. geof
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Comments
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Are you looking for work?
Have you enough worked (employed...not self employed) over the last 2 tax years earning more than the lower earnings limit of National Insurance or to be credited with contributions almost every week/month?
With your Class 2 NIC exemption you won't get any benefits from that but you may have also had a paid employed job.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money.0 -
hello, no to other paid work. got exception from the last 8 years.0
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hello, no to other paid work. got exception from the last 8 years.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money.0 -
no partner, so no income. and less than £6000 savings. so it looks like it would be worth signing on then, if i get the £710
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no partner, so no income. and less than £6000 savings. so it looks like it would be worth signing on then, if i get the £71:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money.0 -
the property is a car repair workshop, now empty and on the market. no other property. now living there and friends places.0
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