Director, can I claim Job Seekers

Director, can I claim Job Seekers

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vex

Original Poster:

5,256 posts

253 months

Friday 14th January 2005
quotequote all
Have been reading bits of my small business start up book again over Christmas.

One of the points it made was that if I pay myself £4004 (FY2003-04 figure) then I actually qualify for basic standards of goverment payouts on sick pay, pension etc.

It also said that as the director of my company if I do meet that £4004 but dont exceed the £4600ish Income Tax limit I can claim the Job Seekers Allowance.

Is this true?

Can I claim for missed months? (Company trading for 14 months)

Are there any tricks / wording / payment I need to make to qualify for this?

Anything else I need to look at?

Thanks in advance.

Chris

Sole director of a limited company, incorporated July 2003.