Is JobSeekers Benefit Taxable

C

cormacol

Registered User
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This may be a very dumb question but here goes anyway.

My girlfriend returned from travelling in July. Was out of work until the middle of October and then working for the rest of the year. She is in recipt of SW for the period from July to Mid October.

She has paid about 2,500 i tax which is less than her tax credits if SW is not included. I would presume that she needs to do a tax return and include details of SW. Is this correct
 
Yes , she can apply for balancing statement for 2008 , but it is likely that she will have to pay tax on her JWB .

Of course her tax credits are more than tax paid , as if she is single , her tax credits are probably around € 3660 x 5 = € 18,300 tax free 2008

This has no bearing on how much tax is due , as it is her gross pay that will dictate how much tax is due for 2008
 
Yes JB is taxable, however the first E13 of each payment is exempt. You can request a Statement of taxable JB from SW to include in your tax return
 

It is very likely that Revenue will be aware of SW payments received whether disclosed or not, so it is better to disclose,
 
It is actually unlikely that revenue are aware of the situation so it is up to you to disclose.

If revenue do "code "it in with her tax credits make sure to check that figure as it never seems to match the actual amount received or receivable. Hence my suggestion of getting the actual figure from SW
 
Black Sheep said:
It is actually unlikely that revenue are aware of the situation so it is up to you to disclose.
Click to expand...

I know for a fact that where colleagues have asked for balancing statements and did not disclose their receipt of SW payments, that Revenue included their SW payments in the balancing figures, so they do check , whether you disclose or not.

Rgds
Billo
 
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