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i ate my job but don't want to give up work if i know i'm not going to get benefits and that it does'nt affect our working tax and child tax credits

2007-05-06 04:25:53 · 7 answers · asked by dylan 1 in Business & Finance Careers & Employment

7 answers

if you give up working first you need to take in the effect it will have. Signing on for job seekers allowance is means tested and takes time to get ( about six weeks ), They will take into account any earnings you have and that of your partner any savings of the both of you. Job seekers allowance is taxable so if you have interest payable to you this will be taken as earned income or if you have a modest income from a pension,the out come depends on your amount of cash you have how ever its earned, I would say think about it ,look around for another job don't think think to your self it will be easy, start by taking notes of your experience and fitting these into a c.v then start applying for jobs looking towards job roles that fit in with your experience good luck

2007-05-06 08:06:30 · answer #1 · answered by angie n 4 · 0 0

Well why not look for a new job whilst still in the one you dont like. I am sure you would not want to be on benefits anyway as it would bring down the money you now get. Your tax credits change whether your money goes up or down and dont necessarily assume they will go up if you dont work.
If you give up your job yourself there is I believe a set amount of weeks before you would get benefits anyway.

I would contact the benefits agency and ask questions you dont have to give your name just tell them its a basic enquiry.

The people who work and struggle to pay their bills whilst receiving no help probably wont like you posting as to be honest its quite negative. If you can give up work and get benefits ! I am sorry look for a new job and set an example to your children that they need to stand on their own two feet and not rely on the state for handouts.

2007-05-06 11:35:58 · answer #2 · answered by BigMomma2 5 · 0 0

You might be elegable for some benifits such as unemployment but you are going to have to wait longer. It sounds like you are married and your husband will still work. The main thing that is going to happen is you loose any benifits from your work, insurance, vacation, and any others. You will have a much lower level of income and your expenses will stay the same, or maybe even go up. The amount of unemployment is very little. I think you would find it a loose-loose situation.

Why not try to find a job you like, or maybe even try part time.

2007-05-06 11:35:10 · answer #3 · answered by ttpawpaw 7 · 1 0

your benefits should be good 30 days from the day you terminated your employment. So try and get all check up and doctors visit done within that time as your insurance should by law cover these visit. Also call your human resourse department and talk to a staff memeber there and they will advise you on actually what is available to you and for how long.

2007-05-06 14:13:25 · answer #4 · answered by abigale g 2 · 0 0

It depends on your situation. If you are married and your partner works then your working tax and child tax credits would increase if you were unemployed to compensate for your loss of earnings.
Best to make an appointment with the citizens advice bureau.

2007-05-06 15:44:22 · answer #5 · answered by Deb 3 · 0 0

If you intentionally give up your job, then your access to benefits is very restricted for a period of time. You would be far better off finding a different job and simply transferring. Everyone hates their job from time to time - that's just how it is.

2007-05-06 11:30:17 · answer #6 · answered by Anonymous · 2 0

if you quit your job you cant get unemployment money. you can only get that if your are sacked, made redundant etc

2007-05-06 11:47:00 · answer #7 · answered by kate100586 3 · 0 0

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