We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

firm gone bust - any help?

My neighbour is self employed, a sub-contracted joiner with a firm making windows. Was told tonight they are in administration. Not getting paid and locked out. His wife works full time, they have 3 kids and a joint mortgage. Are they entitled to any help until he gets another job?

Comments

  • StormyWeather_2
    StormyWeather_2 Posts: 446 Forumite
    edited 8 January 2014 at 6:22PM
    Are they receiving tax credits at the moment?
    Has he been working for the past 2 years and paid NI contributions?

    Sorry for your neighbour, not a good situation to be in. He could make a claim as a creditor with the administrators for money owed, but it's unlikely he'll receive anything, they'll pay HMRC first from any assets.
  • blondebubbles, might he be able to get contribution based JSA?
  • I don't think so because he's self employed. It's Class 1 contributions that would need to be paid and the self employed pay Class 2 and 4.

    His self employment hasn't actually ended either. He wasn't an employee of the company so it's not like redundancy.

    Thanks, I see what you're saying.
  • mardatha
    mardatha Posts: 15,612 Forumite
    Ok that's very helpful ty. I don't know if the wife gets TC but will pass this on. xx thanks :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.9K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.5K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.