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  1. #61
    myksav myksav is offline

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    Quote Originally Posted by atlantic View Post
    This country is rotten to the core politically.The vested cooperate socialism is sickening.
    The regulating for the big boys to bury the small man is getting worse.Soon they will have legislation for the cutting length of briars on a boreen.
    Already in, atlantic. Just look at the state of the verges of the roads, some of the local roads are so overgrown you'd strip the paint off the sides of a car.
    If you ride a bike, wear armour.

    I've put in complaints about the verges to my local council and the response was "we can't cut the verges at this time because of EU regulations".
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  2. #62
    laidback laidback is offline

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    A poster thinks many labourers become sub contractors for tax reasons (ie tax advantages). Not so.

    Often the employer tells them they have to go the self employed (sub contratctor) route - or no work.

    Reason - saves the employer PRSI at 10.75%, holiday pay and the labourer building up rights under employment legislation. Many people think there are tax advantages in being self-employed so I would imagine some of the labourers would happily go along with this. They lose the PAYE tax credit (1830)as a subcontractor and may not even be paid regularly by the main contractor. As an employee they would have received a weekly wage. As a subcontractor they pay a PRSI contribution which entitles them to less benefits than they had paying the class A (employed contribution).

    Employed workers earning less than 352 pw do not pay PRSI but get a class AO stamp credited giving them full benefits. Contrast that with a self employed worker who has to make a minimum annual contribution of 253 no matter how low his income.

    the PRSI system needs total overhaul and is full of anomolies. It must cost a lot to administer as it is so complicated that most people don't understand it.
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  3. #63
    selfemployedmar selfemployedmar is offline

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    Quote Originally Posted by cactusflower View Post
    That is what I do, and have been told by both the revenue and my accountant that I can only pay PRSI at the lower rate.
    That is inaccurate information from both sources.
    I am PAYE in my own limited company I can choose to pay A1 if I so wish.

    I have a family member that is a sole trader he also pays himself the full stamp.


    It really is up to you and if your situation allows it, let me tell ya Revenue will take the hand off you for any money ya give by way of PRSI.
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  4. #64
    Hazlitt Hazlitt is offline
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    Quote Originally Posted by Kensington View Post
    The Governemnt should overspend. The economy is bereft of money, so the Government should pour it in.


    Yes that's what we need, the public piling up massive amounts of debt, fuelling inflation and diverting scarce capital into new uncompetitive and unproductive industries, creating unsustainable jobs as a result, possibly new or re-inflated bubbles... no thanks!
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  5. #65
    selfemployedmar selfemployedmar is offline

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    Quote Originally Posted by Liza G View Post
    The whole system is a farce and is leading to huge social problems. In my own case I worked for 20 years until I got sick 2 years ago. I received illness benefit until the start of this year when I felt well enough to return to work. I have applied for numerous jobs since but have been unsuccessful. I was turned down for unemployment benefit because I was 2 credits short in the relevant year even though they tell me I will be eligible for u.b. in 2010 ( based on my 2008 credits ).
    I have since also been refused job seekers allowance because I failed the means test. My husband works in the family business which is currently struggling to survive and he is only receiving €200 per week ( way less than the minimum wage ). While I was ill we cashed in any pension funds we had and used up all our savings. Currently our only means ( outside of our home which is mortgaged to the hilt ) are a small house which my husband inherited. We renovated this house and currently have it let. We have a small mortgage on this house costing about €270 per month and the rental income is €650 p.m.
    Because of this second house ( value €140/€150k ) I failed the means test.
    While waiting on a decision re. jobseekers allowance I applied for and received supplementary welfare to tide me over. When I failed the means test I was also informed that I was not entitled to this supplementary allowance and would have to pay back any money I had previously received.
    At present I am not receiving any money from any source. Our only income is my husbands €200 plus less than €100 rental income per week. The mortgage on our home comes to €1300 per month. We are in dire straits and dependant on borrowings from family members to keep us afloat. Both our home and second house are on the market but it is impossible to sell at present.
    The social welfare system sucks.

    I think the small business person in this country has had enough..They are just letting their business wind down and selling what they can.
    Your screwed in this country because you had the get up and go to become an entrepreneur.
    Always grants for the big boys, tax relief you name it and feck the little guy.
    The amount of business that revenue are liquidating because the big boys wont pay the little guy is just scandalous..
    Their pound of flesh what ever it costs. They wont help the small business person go after a third party. Its not their problem, give us the money or we close ya down.
    Local government are just as bad when it comes to rates on business that can barely provide a weekly wage.

    Sorry to hear of your misfortune but I listen to it constantly.. Unfortunately it is in every town, village in Ireland.
    A lot of people are too distressed to head to Community Welfare Officer.
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  6. #66
    cactusflower cactusflower is offline

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    Quote Originally Posted by goosebump View Post
    You seem to been caught somewhat but saying that the social welfare system sucks is a bit much.

    This is the system that paid you illness benefit for 2 years while you were off sick, and which will pay you Jobseekers Benefit next year, presumbably on basis of credit contributions from illness benefit rather than on the basis of any actual contributions you have made. The illness benefit paid to you over the 2 year period would have significantly exceeded the total of Job Seekers Benefit paid to you, which is only paid for 12 months.

    Jobseekers Benefit is a payment that is supposed to facilitate people while they are 'in-between' jobs. That's why you need to have up to date contributions before you can get it. It is not supposed to provide long-term income support to people who are moving in and out of the labour market. That's what the means-tested Jobseekers Allowance is for.

    As things stand, you have income, and non-essential assets. Your assets may not be worth what you think they are worth, but they are worth something.

    There are plenty of people who have no income whatsoever, and no assets, and these people have to move to the head of the queue re. Jobseekers Allowance.
    goosebump: what part of "people have no money to live on" do you not understand ? This thread is about the situation of self employed people whose businesses have folded. It doesn't matter if the tooth fairy is going to bring someone a gold plated annuity in 2015, they need to eat and pay the bills now.
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  7. #67
    selfemployed selfemployed is offline

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    Quote Originally Posted by cactusflower View Post
    goosebump: what part of "people have no money to live on" do you not understand ? This thread is about the situation of self employed people whose businesses have folded. It doesn't matter if the tooth fairy is going to bring someone a gold plated annuity in 2015, they need to eat and pay the bills now.
    100% Agree, perhaps goosebump has a contract with the only growth industry in Ireland at the present time, Department of Social Welfare !

    Self employed can close their business or usually have it closed for them but they are always Self Employed, applying for jobs it is a major mark against anyone to state they were self employed, apply for welfare and they make the KGB interrogations look like a friendly chat.

    I don't want welfare, I want the consumer to be put in a position where they can buy goods and services with confidence and I can continue in business to pay my bills.

    I don't want big bank borrowings, in fact if they gave me a big loan it would just prove the system is worse than ever because in the present economy I could not repay it.

    I would like to up-skill and maybe be in a position to provide better services than at present, if I was on Job Seekers allowance I would get all the encouragement ever needed to start a new business as self employed free, but they never tell the Job Seeker the day you start you have lost all chances of getting back into the normal work system.
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  8. #68
    fiobi fiobi is offline

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    Quote Originally Posted by kerrynorth View Post
    Self-employed pay just 3% PRSI for a certain range of benefits. An employee pays 14.75% in total between employee and employer contributions for the full range of benefits.

    Will the self-employed pay 14.75% PRSI? To paraphrase Joe Murphy Jnr - will they f**k.
    This just makes me so mad!!!!

    Self-Employed people are NOT ALLOWED to pay more PRSI get that NOT ALLOWED. Most would happily pay it to ensure they are covered in bad times. And they pay 7% not 3%. It is 3% + 4% health levy and additional levies dependent on earnings.

    Also dont forget Self employed people not only create their own job the frequently create jobs for other people and pay their PRSI as well.
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  9. #69
    Harmonica Harmonica is offline

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    Quote Originally Posted by laidback View Post
    the PRSI system needs total overhaul and is full of anomolies. It must cost a lot to administer as it is so complicated that most people don't understand it.
    +1. It should be ring fenced and renamed as unemployment insurance. If you are unemployed you get paid out of this fund possibly for maximum length of time. The state won;t do that as is really just a general tax with different name.

    Just having a quick look & I pay E200+ PRSI a month which would provide me with at most E1,000 per month dole money. Quick look on insurance site & would cost E50 a month to provide similar cover via income protection although looks like limited to 12 month period.
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  10. #70
    Cornerman Cornerman is offline

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    Quote Originally Posted by fiobi View Post
    This just makes me so mad!!!!

    Self-Employed people are NOT ALLOWED to pay more PRSI get that NOT ALLOWED. Most would happily pay it to ensure they are covered in bad times. And they pay 7% not 3%. It is 3% + 4% health levy and additional levies dependent on earnings.

    Also dont forget Self employed people not only create their own job the frequently create jobs for other people and pay their PRSI as well.
    I was on job seekers allowance for 6 months two years ago. I since opened a restaurant on borrowed money, employed 7 people and propped up loads of our suppliers.

    As an employee of the restaurant I paid my PAYE and PRSI, like everyone else. Then at the end of the year the govt returned my contributions saying I was not allowed to make a contribution to my possible social insurance, as I am a company director.

    Now sadly we are have to close (to avoid a wreckless trading situation) and I dread to think what I am going to do or be entitled to.

    From what I am reading I would have been better off sitting in front of the telly for the last 2 years eating fries, than trying to do something positive in this economy.
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