Its been a few years and I remember it being somewhat problematic but has anyone done recently when on the bench?
Personally, I think you can claim as you're not working and available for work. Probably can't continue to pay yourself salary from limited company and not sure about dividends (but then again if I got dividends from barclays shares it hardly effects my employment status).
But, I take pretty much all the money out as dividends and stick in personal savings anyway. Pretty sure contribution-based JSA doesnt take account of savings either.
Yes, its complicated and the job centre is not a cool place. OK, there are those who won't bother but the way I look at it is its £71.70 a week for bugger all. Or £310 a month I don't have to take out of my savings.
Worse comes to the worse and I'm the bench for 6 months (max time for JSA). Thats £1860 in JSA which, in effect for me, makes savings last another month. Worth it IMHO.
Personally, I think you can claim as you're not working and available for work. Probably can't continue to pay yourself salary from limited company and not sure about dividends (but then again if I got dividends from barclays shares it hardly effects my employment status).
But, I take pretty much all the money out as dividends and stick in personal savings anyway. Pretty sure contribution-based JSA doesnt take account of savings either.
Yes, its complicated and the job centre is not a cool place. OK, there are those who won't bother but the way I look at it is its £71.70 a week for bugger all. Or £310 a month I don't have to take out of my savings.
Worse comes to the worse and I'm the bench for 6 months (max time for JSA). Thats £1860 in JSA which, in effect for me, makes savings last another month. Worth it IMHO.
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