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Am i entitled to FIS

  • 22-11-2012 12:11PM
    #1
    kerryted
    Closed Accounts Posts: 131 ✭✭


    Hi there
    My situation is i am currently receiving a reduced rate of JB 84.50 and that will be finished in march , my OH earns about 1800 a month after tax we have 2 kids we have some shares which we make about 1000 a year on but sell about 4000 a year worth to pay bills with and keep ticking over. I wont be entitled to JA and find it hard to find a job that would even pay for the childcare costs we would have So would we be entitled to FIS Thanks in advance.


Comments

  • #2
    yabadabado
    Registered Users, Registered Users 2 Posts: 16,627 ✭✭✭✭yabadabado


    kerryted wrote: »
    Hi there
    My situation is i am currently receiving a reduced rate of JB 84.50 and that will be finished in march , my OH earns about 1800 a month after tax we have 2 kids we have some shares which we make about 1000 a year on but sell about 4000 a year worth to pay bills with and keep ticking over. I wont be entitled to JA and find it hard to find a job that would even pay for the childcare costs we would have So would we be entitled to FIS Thanks in advance.

    http://www.welfare.ie/en/publications/sw22/Pages/1WhatisFamilyIncomeSupplement.aspx


  • #3
    wmpdd3
    Registered Users, Registered Users 2 Posts: 9,626 ✭✭✭wmpdd3


    FIS is calculated on gross pay and you social welfare payment and your shares. Add all this up for the year and divide by 52, if thats less than €602, then you may get a payment.


  • #4
    Francescoli
    Registered Users, Registered Users 2 Posts: 350 ✭✭Francescoli


    wmpdd3 wrote: »
    FIS is calculated on gross pay and you social welfare payment and your shares. Add all this up for the year and divide by 52, if thats less than €602, then you may get a payment.
    You can dismiss most of the above.FIS is calculated on net pay(they usually use P60 or Gross to date from payslips/employer info) and your shares aren't taking into account as a income.Your social welfare payment is taking into account.
    Add net pay + social welfare and take away from €602,they then give you 60% of the difference(min payment of €20)

    Its all on the link on post 2 or check out the 2 threads on here.


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