Backdating your new blind dating show

Your claim for benefit normally starts from the Monday after we receive your claim.

If your request has been unsuccessful you will be informed by letter.

If you disagree with this decision you should contact Aberdeenshire Council's Support and Advice Team within one month of the date of the letter stating the reason(s) why you disagree.

If, however, Company XYZ decides to backdate the options, it could change the paperwork to state that it actually granted those stock options to John on, say, June 15, 2008, when the stock was only trading at $15 per share.

This would mean that John's 2012 stock option grant would have an exercise price of $15 per share instead of $45 per share.

In our example, backdating the options is the same as giving John Doe a check for $35,000 -- without recording that $35,000 on the income statement as compensation.

That, in turn, understates the company's expenses and overstates its profits, which is a violation of generally accepted accounting principles and has been the grounds for a variety of fraud and miscellaneous charges from federal, state and local regulators.Backdating may apply: You may be asked to provide proof of your income, savings and rent (if you pay rent) for the backdated period. Good cause is a reason that prevented you from not applying earlier.The following list shows examples of what is meant by good cause: These examples are only a guide to help you. If you forget to claim, or did not know you could claim, this would not be a good reason on its own.If you are under 64, the maximum period is one month.Please note special rules apply relating to whether or not an applicant is claiming income support or job seekers benefit.Before a backdating award can be considered you must be able to prove good cause and show why you did not claim earlier.

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