If self-employed people have their work reduced dramatically by loss of contracts, self-employed people are entitled to social welfare payments.
If you are still working as a self-employed person but your income is below a certain level you should apply for Jobseekers Allowance, you can continue your business and still qualify for Jobseekers Allowance.
Jobseeker’s Allowance is a means-tested unemployment Payment. The following are taken into account in the means test:
- Cash Income,
- Capital, Property (other than your own home)
In order to qualify for Jobseeker’s Allowance you must:
- be over 18 and under 66;
- resident in Ireland (habitual residence rule);
- unemployed for 3 consecutive days out of the previous 6; and
- available for, capable of and genuinely seeking work;
When you are applying for Jobseekers Allowance you will usually be asked for Receipts & payments or audited accounts for the current and previous year. In the absence of current figures such as audited accounts, you need to provide evidence that
you do not have an income or your income is inadequate through a review of bank statements.