Part time hours and pay limit

[homedeeth]

i know that i can work up to 16 hours a week part time without affecting my benefits ( i think )
But what happens if i'm earning £50 an hour?

[Buenchico]

With most benefits your right to receive them doesn't disappear until you've worked over 16 hours but the actual amount you receive in those benefits diminishes depending upon how much you earn.

For example, with Job Seeker's Allowance you lose £5 less than your earnings from your benefit. As an example, let's say that you're getting £65 per week in JSA. If you work for 8 hours at £6 per hour, you'll earn £48. So £43 (i.e. £5 less than what you've earned) will be deducted from your JSA, leaving you with £22.

That means that working for anything up to £70 worth of pay can never increase the actual money in your bank account by more than £5. If, as is likely, it costs you more than £5 in fuel or fares to get to that work you'll be worse off than if you simply stayed at home.

Chris

PS: We're all waiting to hear, on your other thread, which of the 'classics' you've decided to read ;-)

[homedeeth]

thanks for your help.....

haven't picked up a classic yet. have 3 other books to read before i dive headfirst into dickens or whoever. i just feel i should read the occasional great piece of literature. I shall let you know soon!

[BeaverDiva]

If you're earning £50 an hour you won't need benefits.....£800 a week for a 16 hour week? what's the job? i'll start tomorrow....

[Chaffinch]

Ho Ho Ho, you wish

[gaspanic]

I think its something sexual....