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Can't claim JSA because I haven't paid Class 1 NI!!!

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Comments

  • p00hsticks
    p00hsticks Posts: 14,615 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 3 April at 1:58PM
    [quote=[Deleted User];62563681]As such, accountant advised that there was no point paying salary until next financuial year. Since NI allowance had been used up.
    [/QUOTE]

    I'm noty an expert but I susect that in terms of benefits / eligibility for state pension this might have been bad/misleading advice - as other posters have pointed out, it's not necessarily how much NI you have paid in total , but also over how many weeks you have paid it that counts.
  • p00hsticks wrote: »
    I'm noty an expert but I susect that in terms of benefits / eligibility for state pension this might have been bad/misleading advice - as other posters have pointed out, it's not necessarily how much NI you have paid in total , but also over how many weeks you have paid it that counts.

    According to the link that someone sent, yes, it does matter for JSA purposes that its less than 26 weeks a year. But only if its two years in a row on less than 26.

    Apart from that its total contribs that matter for the year whether all done in month 1 or spread throughout 12 months,
  • dodger1
    dodger1 Posts: 4,579 Forumite
    The payslips will tell you. You do keep them for the required 6 years, don't you?

    That is not a legal requirement.
    It's someone else's fault.
  • notanewuser
    notanewuser Posts: 8,499 Forumite
    dodger1 wrote: »
    That is not a legal requirement.

    No, but it's a blimming good idea.
    Trying to be a man is a waste of a woman
  • Dunroamin
    Dunroamin Posts: 16,908 Forumite
    How can you be made redundant from a company you own?
  • notanewuser
    notanewuser Posts: 8,499 Forumite
    Dunroamin wrote: »
    How can you be made redundant from a company you own?

    No, he was made redundant from a PAYE job with an employer, then set up his own limited company, which employs him. He seems to treat it more like self employment though, and wants to pay as little NI and tax as possible, while being able to milk the benefits system when it suits him, and complaining that his savings could be taken into account when considering eligibility for benefits.

    Nice, eh?
    Trying to be a man is a waste of a woman
  • Dunroamin
    Dunroamin Posts: 16,908 Forumite
    No, he was made redundant from a PAYE job with an employer, then set up his own limited company, which employs him. He seems to treat it more like self employment though, and wants to pay as little NI and tax as possible, while being able to milk the benefits system when it suits him, and complaining that his savings could be taken into account when considering eligibility for benefits.

    Nice, eh?

    I thought it was a fiddle but at least it's not as big a fiddle as I suspected!:)
  • Dunroamin wrote: »
    How can you be made redundant from a company you own?

    It gets a little complicated to be honest. But its perfectly allowable to do so during times when the company has no work.
  • No, he was made redundant from a PAYE job with an employer, then set up his own limited company, which employs him. He seems to treat it more like self employment though, and wants to pay as little NI and tax as possible, while being able to milk the benefits system when it suits him, and complaining that his savings could be taken into account when considering eligibility for benefits.

    Nice, eh?

    Quite legally I might add. I don't make the laws.

    Tax avoidance is perfectly legal and is completely different to tax evasion.

    Would you rather I chose not to work at all like a lot of people on benefits? At least this way I pay a lot of tax.
  • Dunroamin wrote: »
    I thought it was a fiddle but at least it's not as big a fiddle as I suspected!:)

    Its not a fiddle if its all legal. I can assure you all my dealings are completely legal.
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