Re 2. above.
As a director, you are presumably paying Class S rate of PRSI. This does not entitle you to "normal" SW benefits, but you may apply for means-tested allowances, such as Jobseeker's.
Re 2. above.
As a director, you are presumably paying Class S rate of PRSI. This does not entitle you to "normal" SW benefits, but you may apply for means-tested allowances, such as Jobseeker's.
As he has less than 15% shareholding would he not be classed a non-proprietary director and therefore paying Class A PRSI?
Just a quick question:
3. Finally, if I am not entitled to the above as it stands, if I resigned as a Director and / or handed back the shareholding, would it restore my entitlements?
Thanks in advance for replies .
Just on the above point - handing back your shares and resigning as Director won't turn you back into an employee. Right now, you are either an employee (and director) or not (and just a director). Your director status doesn't affect your employee status. Are you working for the company at the moment? If so, what are the contract/working arrangements?
Sprite
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