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On JSA - Want to register as Sole Trader

  • 02-12-2010 6:02pm
    #1
    quiz
    Registered Users, Registered Users 2 Posts: 114 ✭✭


    I am currently on JSA. I have a business idea that would require me to register as a sole trader. I cant afford to miss out on the JSA payments.


    If I register as a sole trader can I continue to receive JSA payments up until/if the business starts to make money?

    If in say two months the business is not going well and I have to finish trading then am I right in thinking that I cant go back on the JSA as it is not available for self employed people?

    Its a poor system when it seems to put up obstacles to entrepreneurship.

    Any advice would be appreciated.


Comments

  • #2
    wellieboot
    Registered Users, Registered Users 2 Posts: 88 ✭✭wellieboot


    Enquire at your local SW office about Back to Work Enterprise Allowance. Depending on how long you are on JA, you may be entitled. You get 100% of your existing JA entitlement in year 1 and 75% in year 2

    http://www.welfare.ie/EN/Schemes/JobseekerSupports/BackToWork/EnterpriseAllowance


  • #3
    superfives
    Closed Accounts Posts: 6 ✭superfives


    im quite interested in this aswell actually came on to start my own thread!

    im in the same situation as the op. i enquired about that scheme but as ive only been on the dole for 6months i dont qualify as apparently they are very strict on the entry requirements (min 12 months signing on)
    any other advice?


  • #4
    quiz
    Registered Users, Registered Users 2 Posts: 114 ✭✭quiz


    wellieboot wrote: »
    Enquire at your local SW office about Back to Work Enterprise Allowance. Depending on how long you are on JA, you may be entitled. You get 100% of your existing JA entitlement in year 1 and 75% in year 2

    http://www.welfare.ie/EN/Schemes/JobseekerSupports/BackToWork/EnterpriseAllowance


    This scheme will result in me losing any entitlement to rent supplement (this is a big drawback).

    If the idea does not work which there is a pretty decent chance it won't be successful then as I was self employed I will lose my entitlement to JSA after the two year period (if I don't have a job at that time I wont be in the country but that could be an issue for someone else).

    I have been told that the advertised funding scheme is very small and the majority of applicants are refused even if applying for €1,000 or less.


    With all these drawbacks the enterprise scheme is a poor option for anybody who does not have any savings to fall back on.


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