Income Support - Income/Capital
You may be asked to provide information about your, or your families', income and capital. Information, such as proof of part-time earnings, expenses and savings etc, is needed to assess the claim for Income Support.
In the cases of final earnings and occupational pensions you will have to provide verification at the beginning of a claim.
In most cases the following weekly earnings are ignored:
Single customer - £5.00
Couples - £10.00
For some people £20 can be ignored, e.g. ( lone parents) or a customer receiving the disability or carer premium. Also some people in special occupations such as fire-fighters and lifeboat men can have £20 of their earnings from that work ignored.
The amount of any savings, investments, property or land you have is considered when assessing a claim to Income Support.
Certain types of capital, e.g. your home or personal possessions are ignored.
Capital held by a partner will be added to that of the customer and the total amount treated in the same way as the capital held by a single person.
The first £6,000 of capital is ignored. Capital between £6,000.01 and £16,000 (inclusive) will be taken into account by assuming a weekly income of £1.00 for any part of £250 of capital over £6,000. See Assumed Income from Capital Table A.
There are different capital limits for people who live permanently in residential care and nursing homes. The lower limit is £10,000 and upper limit £16,000. Capital between £10,000.01 and £16,000 (inclusive) will be taken into account by assuming a weekly income of £1 for any part of £250 of capital over £10,000. See Assumed Income from Capital Table A (care home).
Any new claim to Income Support awarded from the 6th April 2004 will not include child-related elements because support for children will be provided by Child Tax Credit (CTC). Families already on Income Support in April 2004 who have not already claimed CTC will be moved across to CTC at a future date.
If a dependent child or young person has capital of more than £3,000 no personal allowance or disabled child's premium is payable for that child. Family premium and family premium (lone parent) are not affected.
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