Jobseeker Benefit and rising share values

[The0]

I have been on jobseeker's benefit for the last few months. In the same period, my investments in shares have seen a decent rise in value. Since JS Benefit is not means tested and I am not working, I think that if I sell the shares for a capital gain then there is no impact on my JS Benefit. However, I have not been able to find any information on the department of social welfare website.

Anybody know the position with this? Thanks for any assistance given.

 

[Brendan Burgess]

Correct.

There is no link between the two.

However, the value of your shares will be taken into account if you apply for Jobseekers Allowance when the JB runs out. But it won't matter if you sell the shares or still hold them. Unless you sell the shares and spend the money.



Brendan