Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

How much is welfare affected by setting up a business?

  • 17-03-2013 10:10pm
    #1
    Mr. A
    Registered Users, Registered Users 2 Posts: 105 ✭✭


    Particularly if:

    1) You are setting up as Sole Trader and
    2) You do not stand to make much of a profit initially in the set-up?


Comments

  • #2
    StillWaters
    Closed Accounts Posts: 1,799 ✭✭✭StillWaters


    Mr. A wrote: »
    Particularly if:

    1) You are setting up as Sole Trader and
    2) You do not stand to make much of a profit initially in the set-up?
    Are you eligible for the Back to Work Enterprise Allowance?


  • #3
    The Clown Man
    Registered Users, Registered Users 2 Posts: 1,305 ✭✭✭The Clown Man


    I'm starting a Business for the last year, employing one person for now. Won't be making money for another good while until its up and running. Was told that I can't get anything because I'm not actually looking for a job!

    So I've been living on savings and pittance.

    There really is very little personal financial support for those starting a business which is nuts.

    If you are already on benefits maybe it's different, I don't know.


  • #4
    jimbooth
    Registered Users, Registered Users 2 Posts: 335 ✭✭jimbooth


    if startin a business try the enterprise boards for support, as for welfare, you'll only get help if on long time UB


  • #5
    amtc
    Registered Users, Registered Users 2 Posts: 2,490 ✭✭✭amtc


    No, not true

    There are two schemes - the Back to WOrk Enterprise Allowance operates as long as you are on Job seekers Benefit - you get a grant of €720 and get paid your UB into your bank.

    If on JA, you get get 100% of your benefit for the first year and 75% for the second.

    I found that Welfare/Area Partnership worked very well together.


Advertisement