Signing on to the dole after being self-employed

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ryanline79

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Ive been working self-employed for the last 5-6 years and am currently thinking of going back to college to do a particulary time-consuming night-course.
I am thinking of finishing up being self-employed and signing on to the dole.
What am I likely to be eligible for in terms of dole money? Also what would I have to do to finish up trading?
 
You presumably will not have the required PRSI contributions for Jobseeker's Benefit since self employed PRSI (Class S) does not cover this. You can try claiming Jobseeker's Assistance which is means tested. However you must be genuinely available for and seeking work.

SW - Jobseeker Supports

Not sure what you mean about stopping trading. Maybe try www.basis.ie for info? Were you a sole trader or a limited company as the necessary courses of action presumably differ for both?
 
ClubMan said:
You presumably will not have the required PRSI contributions for Jobseeker's Benefit since self employed PRSI (Class S) does not cover this. You can try claiming Jobseeker's Assistance which is means tested. However you must be genuinely available for and seeking work.

SW - Jobseeker Supports

Not sure what you mean about stopping trading. Maybe try for info? Were you a sole trader or a limited company as the necessary courses of action presumably differ for both?
Click to expand...


I would be available for work, but would only like to work part-time.

Any idea of the level of means test? And how would this affect how much I would get?
I have money put aside to pay for my tax bill in October, I wonder would that be included?

I was a sole trader.
 
ryanline79 said:
I would be available for work, but would only like to work part-time.

Any idea of the level of means test? And how would this affect how much I would get?
Click to expand...


You will not get JA if you are only looking for part-time work. You must be seeking full-time work.

Also the question as to why you ceased trading will be addressed. SW will look closely at this as they will be wary that you may be giving up your job solely to get SW. From what you say, it sounds like you are giving up working to free up time to study.

The means test will involve you producing accounts, bank statements, etc.
 
ClubMan said:
You presumably will not have the required PRSI contributions for Jobseeker's Benefit since self employed PRSI (Class S) does not cover this. You can try claiming Jobseeker's Assistance which is means tested. However you must be genuinely available for and seeking work.

SW - Jobseeker Supports

Not sure what you mean about stopping trading. Maybe try www.basis.ie for info? Were you a sole trader or a limited company as the necessary courses of action presumably differ for both?
Click to expand...

I've been a sole trader who has recently changed to a full-time PAYE job and thus will no longer trade, what is the correct way of informing the revenue of my position?

Thanks
S.
 
Doing a bit more searching on the revenue website I came across this [broken link removed], I assume this is what I need to return to them?

Thanks
S.
 
Yep that looks right to me to inform that you have ceased trading.

Also I presume as a now PAYE perosn that you have filled up your Form 12a to register as a PAYE payer and claim your full tax credits
 
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