Tax Tip Week 28 - Job Seeker's Allowance
Professional Contractors and Freelancers not on contract may want to consider claiming Job Seeker's Allowance.
When between contracts, many people continue to pay themselves their salary through their Limited Company. However, if you are eligible for JSA; there may be other benefits available too.
If you were to make a claim whilst paying yourself a salary issues such as employment contract between you and your company together with minimum wage rules would come into the equation; therefore it would be advisable to P45 yourself from your company thus making yourself unemployed. You can remain the director of your company without causing a problem with a claim.
To see if you may qualify see our guide on Job Seeker's Allowance in our knowledgebase.