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I'm a Contractor... what can I claim off the state?
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Originally posted by Lance View Postit takes les than a month to get SC in the first place. The agent is lying...His heart is in the right place - shame we can't say the same about his brain...Comment
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Originally posted by BR14 View Postwhy don't you do it, hard man?
ffsHis heart is in the right place - shame we can't say the same about his brain...Comment
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Originally posted by Mordac View PostHas nobody thought to take this muppet round the back of the car park for a good kicking yet? I can't believe you lot, leaving him to the Mods, who are probably pissing themselves (in some cases quite literally) that they finally have something to put on expenses...
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Originally posted by moneybags View PostJust beware when you kick me in the bollocks. They're made of steel.His heart is in the right place - shame we can't say the same about his brain...Comment
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Originally posted by ladymuck View PostArnie's gone all soft in the new one
There's pills for that now.When the fun stops, STOP.Comment
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Originally posted by moneybags View PostI'm a disabled contractor so I'm eligible to claim Personal Independence Payment (PIP) as a non means tested benefit. I'm currently claiming out of work benefits for 6 weeks in the run up to my contract work starting in the New Year. The enhanced rate of PIP is approximately £4550 a year and my out of work benefits will amount to £500 approx. I also get £1800 of Child Benefit.
I look at benefits as an offset for tax. I posted a thread where I calculated that my take home for this year should be about 86%. See:
https://www.contractoruk.com/forums/...lly-legit.html
No one has said anything to the contrary other than the fact I didn't account for a small amount of corporation tax (£285).
If I account for the corporation last but deduct the benefits from my personal tax bill then that brings my take home up to 92% for the next 12 months or £8549 of tax on £108500.
I've got three questions if you'd be kind enough to respond:
1) Can I claim anything else as a disable contractor?
2) Should I feel guilty for not putting more into the system to fund the NHS etc?
3) Once I have set up as Ltd, can I claim out-of-work benefits between contracts as a company director if I have no income from the company?
Thanks
3. yes you can claim JSA depending on savings etc.Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by ladymuck View PostI could be wrong but I always thought you couldn't claim JSA while employed by your LtdCo. You'd have to either never run a payroll or stop the payroll scheme and issue yourself a P45 every time a contract ended.
An accountant would be better placed to advise
You are "laid off with no work".Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by moneybags View PostThanks ladymuck
I've not set up yet because I don't want to miss out on my £500 if it turns out you can't claim but I would really like to set up asap. I spoke to a woman today at the job centre and she said the decision on self employed JSA/ESA is made by a specialist panel and you might have to open your books for the period that you are claiming. In my case, for the initial period I wouldn't have even started trading so there would be no salary to issue a P45 against.
I've written to the DWP to formally ask the question but they will probably take ages to get back to me.Rhyddid i lofnod psychocandy!!!!Comment
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