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back to work allowance

  • 21-01-2013 5:03pm
    #1
    Neecy
    Registered Users, Registered Users 2 Posts: 1 ✭


    Hi,

    My brother has started his own business on the back to work allowance, so he asked me to keep his books but what I'm wondering is when it comes to his wages - he gets his Back to Work Allowance from Social welfare and then the Company pays some more towards it (amount not confirmed to be paid by company yet) but what I'm wondering, is how do I track this in his books, and should he be paying USC & PRSI etc and where do they come from? His allowance from social welfare is put directly into his bank - if anyone could shed some light that would be great - sorry if it confusing as I've never really done this part before and want to make sure he is paying everything he should be


Comments

  • #2
    Peterdalkey
    Closed Accounts Posts: 2,091 ✭✭✭Peterdalkey


    http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/claiming_a_social_welfare_payment/taxation_of_social_welfare_payments.html covers this topic for you.

    cheers

    Peter


  • #3
    fangee
    Banned (with Prison Access) Posts: 786 ✭✭✭fangee


    Neecy wrote: »
    Hi,

    My brother has started his own business on the back to work allowance, so he asked me to keep his books but what I'm wondering is when it comes to his wages - he gets his Back to Work Allowance from Social welfare and then the Company pays some more towards it (amount not confirmed to be paid by company yet) but what I'm wondering, is how do I track this in his books, and should he be paying USC & PRSI etc and where do they come from? His allowance from social welfare is put directly into his bank - if anyone could shed some light that would be great - sorry if it confusing as I've never really done this part before and want to make sure he is paying everything he should be

    I thought that had stopped "back to work" payments in favour of "back to self employed" style payments ?


  • #4
    Greenbaize
    Registered Users, Registered Users 2 Posts: 57 ✭✭Greenbaize


    In my opinion if you have to ask that question here then you really shouldnt be looking after the books for your brothers company. Best advice would be to get an accountant to look after his books.


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