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Glossary > U > "Unemployment benefit" Definition

Unemployment benefit

Benefit received from a government department when a previously employed person becomes unemployed. The claimant must be able to verify previous employment and that he/she is actively seeking new employment. Unemployment benefit payments are liable to income tax.

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Unemployment benefit - Benefit received from a government department when a previously employed person becomes unemployed. The claimant must be able to verify previous employment and that he/she is actively seeking new employment. Unemployment benefit payments are liable to income tax.

Unemployment benefit : benefit received from a government department when a previously employed person becomes unemployed. the claimant must be able to verify previous employment and that he/she is actively seeking new employment. unemployment benefit payments are liable to income tax.