entitlments company bust

lukesmom · 19-04-2018 08:38PM #1

If a ltd company goes bust within the first year due to financial difficulties. Is the director entitled to any social welfare assistance, considering he has no income for a month, and has children? Ive told him to go to the intreo office and ask but he thinks it will be impossible and made very hard on him to get assistance. Meanwhile his wife and kids have no income and him. Any advice at all???

splinter65 · 19-04-2018 08:39PM

lukesmom wrote: »

If a ltd company goes bust within the first year due to financial difficulties. Is the director entitled to any social welfare assistance, considering he has no income for a month, and has children? Ive told him to go to the intreo office and ask but he thinks it will be impossible and made very hard on him to get assistance. Meanwhile his wife and kids have no income and him. Any advice at all???

If they have no income for the last month then what have they been living on??
And that is a question SW will ask too.

ScouseMouse · 19-04-2018 08:39PM

It will be means tested. Happened to me. Contrary to what people think, there is some assistance available. It nearly killed me going in there, but it was coming for a while and they knew it. They were very helpful when it actually happened.

ScouseMouse · 19-04-2018 08:40PM

splinter65 wrote: »

If they have no income for the last month then what have they been living on??
And that is a question SW will ask too.

I doubt it. A month is nothing, you could live on whats in your wallet and leave outstanding bills on the long finger.

lukesmom · 19-04-2018 08:46PM

Have been living on hand outs and sold power tools

splinter65 · 19-04-2018 08:50PM

ScouseMouse wrote: »

I doubt it. A month is nothing, you could live on whats in your wallet and leave outstanding bills on the long finger.

The claimant will be interviewed as part of the application process and he will have to show bank statements the DO will expect to see living expenses going out of a current account. Direct debits, Tesco Dunnes etc
If the DO doesn’t see these things then he/she will be asking how a family with kids have managed and will expect a believable response.
OP tell the man that he can have 20,000 in savings/on hand and it will be disregarded but he needs to apply now for JSA as it will take some time and if he leaves it any longer he will find it harder to explain what he was living on.

Franz Von Peppercorn · 19-04-2018 08:52PM

Would he not get JSB? Stamps. Was he an employee?

splinter65 · 19-04-2018 08:55PM

lukesmom wrote: »

Have been living on hand outs and sold power tools

Well he has no choice then but to apply . It will be fine as long as he can produce evidence of being tax compliant and can show bank statements etc.
the sooner the better or he’ll struggle to explain how he managed with kids over a long period.

ScouseMouse · 19-04-2018 09:00PM

splinter65 wrote: »

Well he has no choice then but to apply . It will be fine as long as he can produce evidence of being tax compliant and can show bank statements etc.
the sooner the better or he’ll struggle to explain how he managed with kids over a long period.

How and why would he need to show evidence of tax compliance? That is of no concern to social welfare.

I certainly wasn't asked and I didn't have to show bank statements, however, we were known to them as it was coming for quite a while and they knew the details.

lukesmom · 19-04-2018 09:17PM

Maybe hes better off trying to get a job if it is going to take very long. By the time he gets it he would have work for someone else as an employee. Its just in the short term what do you do.

splinter65 · 19-04-2018 09:59PM

ScouseMouse wrote: »

How and why would he need to show evidence of tax compliance? That is of no concern to social welfare.

I certainly wasn't asked and I didn't have to show bank statements, however, we were known to them as it was coming for quite a while and they knew the details.

You can’t get state aid if you owe tax. They’re very strict about that now.
You can’t get HAP, housing grants be on a housing list etc if you owe tax.
Everybody applying for JSA has to show bank statements unless you simply don’t have a bank account .
Hard to believe that someone self employed doesn’t have a bank account in 2018. In fact it’s just not possible.

splinter65 · 19-04-2018 10:01PM

lukesmom wrote: »

Maybe hes better off trying to get a job if it is going to take very long. By the time he gets it he would have work for someone else as an employee. Its just in the short term what do you do.

There’s nothing to stop him from applying while he’s looking for a job. It won’t be long as long as he was up to date with his book keeping while he was self employed.

CeilingFly · 19-04-2018 10:04PM

Get into nearest entreo office and find out. Tell him to bring all employment details from last 4 years.

If he was employed and paying standard prsi for a period before setting up the company, he may be entitled to benefit without being means tested.

More info here http://www.citizensinformation.ie/en/social_welfare/social_welfare_payments/unemployed_people/self_employed_and_unemployment.html

Another option is to get into employment agencies, get cv done properly, use contacts and get into a new job. Plenty of positions out there, but may need push in correct direction.

CeilingFly · 19-04-2018 10:06PM

splinter65 wrote: »

You can’t get state aid if you owe tax. They’re very strict about that now.
You can’t get HAP, housing grants be on a housing list etc if you owe tax.
Everybody applying for JSA has to show bank statements unless you simply don’t have a bank account .
Hard to believe that someone self employed doesn’t have a bank account in 2018. In fact it’s just not possible.

The op says it was a ltd company. So unless revenue have an issue with corporate governance, it shouldn't be an issue.

Franz Von Peppercorn · 19-04-2018 10:30PM

lukesmom wrote: »

Maybe hes better off trying to get a job if it is going to take very long. By the time he gets it he would have work for someone else as an employee. Its just in the short term what do you do.

Seriously. Has he paid stamps,? PRSI? Benefits are not means tested for 6 months. And this is specifically what they are for - people between jobs.

Maewyn Succat · 22-04-2018 10:31AM

Franz Von Peppercorn wrote: »

Seriously. Has he paid stamps,? PRSI? Benefits are not means tested for 6 months. And this is specifically what they are for - people between jobs.

Stamps were abolished in 1979. Why do people struggle to understand this?

CeilingFly · 22-04-2018 08:21PM

Maewyn Succat wrote: »

Stamps were abolished in 1979. Why do people struggle to understand this?

just like "Hoover" describes any vacuum cleaner and "Jeep" describes any 4 wheel drive vehicle, "Stamps" will be used by many - including accountants of a certain vintage when talking about PRSI payments.

Maewyn Succat · 22-04-2018 10:26PM

CeilingFly wrote: »

just like "Hoover" describes any vacuum cleaner and "Jeep" describes any 4 wheel drive vehicle, "Stamps" will be used by many - including accountants of a certain vintage when talking about PRSI payments.

I'm sure I'm not the only person confused about using the term stamps. Most people who actually paid stamps would be either at the end of their working lives or very close to it.

entitlments company bust

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