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BTWEA and a paid masters?

  • 11-06-2012 7:02pm
    #1
    Socially
    Registered Users, Registered Users 2 Posts: 1 ✭


    I am currently receiving the BTWEA but today I was told that I have been awarded a place on a masters in a related field to that which my business does so I figure it will not only be of value to my company financially but also obviously in the long run.

    I currently invest all of the money from the BTWEA into the company but the additional funds from the masters would allow me to cut the launch of my product by at least two or three months. I know I am allowed to work outside of my own company while on the BTWEA but would anyone know if this extends to undertaking a course which pays me? I assume I just have to declare the revenue to the tax man? Any help in this matter would be greatly appreciated.


Comments

  • #2
    Lugh Ildanach
    Registered Users, Registered Users 2 Posts: 522 ✭✭✭Lugh Ildanach


    You can do whatever you want, provided that the business is still trading. The only obligation to inform them is if the business stops trading, in which case you can resume previous social welfare payment, if still eligible.


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