Become business owner

tyler30000
tyler30000 Online Community Member Posts: 2 Listener
in Employment & Support Allowance (ESA)
Thinking of starting a plc business. While on esa would I be able to still work the 16hr limit and could I have anyone else on the owner list who are also on benefits but not working any hours. 

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  • tyler30000
    tyler30000 Online Community Member Posts: 2 Listener
    edited October 2019
    I am considering creating a plc busness as owner would is be able to work the 16hrs limited and could I have anyone else who is on benefits on the board not working any hours though. 

  • poppy123456
    poppy123456 Online Community Member Posts: 64,456 Championing
    Hi,

    This will be classed as permitted work and you must work less than 16 hours per week and not earn anymore than £131.50 per week. You must get permission and fill out a PW1 form from DWP before you start work.

    Do also be aware that if the work you do contradicts the reasons you're claiming ESA then you could be reassessed early and it could go against you once the decision is made.


  • atlas46
    atlas46 Online Community Member Posts: 817 Pioneering
    Hi @tyler30000

    A very warm welcome.

    Suggest you speak to your bank for specific advice.

    All High Street banks have business development advisors.

    Remember Bill Gates started his business aged 17 years, in his parents garage.

    The rest, they say is history!!
  • Chloe_Alumni
    Chloe_Alumni Scope alumni Posts: 10,506 Championing
    Hi @tyler30000 and a warm welcome to the community! How are you getting on? :)

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