Income Support Disregarded Capital

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Chapter H2: Capital disregards

    https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/832009/admh2.pdf
    amount is disregarded in calculating her capital. Premises occupied as the home . The law . H2031 The premises occupied by a person as their home is disregarded indefinitely. Only one set of premises can be disregarded. 1. In some circumstances, more than …

BW1 - Assessment of capital

    https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/365782/hbgm-bw1-assessment-of-capital.pdf
    capital and income of the non-dependant if this is greater than the capital and income of the claimant. The claimant’s capital and income, in these cases, is ignored. W1.42 For HB purposes this provision is in addition to the contrived tenancy provisions, see . A3 Claimants who are liable but are treated as if they are not earlier in this manual.

The Income Support (General) Regulations 1987

    http://www.legislation.gov.uk/uksi/1987/1967/contents/made
    Calculation of covenant income where a contribution is assessed. 64. Covenant income where no grant income or no contribution is assessed. 65. Relationship with amounts to be disregarded under Schedule 9. 66. Other amounts to be disregarded. 67. Disregard of contribution. 68. Income treated as capital. 69. Disregard of changes occurring during summer vacation

CIS/8475/95 - Capital - Disregards - Proceeds of Sale of ...

    https://rightsnet.org.uk/pdfs/cis/8475_95f.pdf
    disregarded in calculating his capital for income support, on the ground that it would all be needed to pay for the new home and he had it earmarked for that purpose, so that it fell within the exclusion. The adjudication officer however rejected the claim on the ground that the claimant had more than E8,000 of

Savings & Capital Effect on Benefits can be complicated ...

    http://thcan.org.uk/wp-content/uploads/2014/11/The-Effect-of-Savings-and-Capital-on-Benefits.pdf
     A person is assumed to have an income from any capital between the lower and upper limits – for benefits except Universal Credit this is called ‘tariff income’ and is £1 for every £250 of surplus capital; for Universal Credit it is called ‘assumed monthly income’ and is £4.50 per month for every £250.

The Income Support (General) Regulations 1987

    http://www.legislation.gov.uk/uksi/1987/1967/schedule/10/made
    The value of the right to receive any income under a life interest or from a liferent. 14. The value of the right to receive any income which is disregarded under paragraph 11 of Schedule 8 or paragraph 23 of Schedule 9 (earnings or other income to be disregarded). 15. The surrender value of any policy of life insurance…

Income Support - GOV.UK

    https://www.gov.uk/income-support
    Income Support can help you cover your costs if you’re on a low income. You can only apply for Income Support if you either: get the severe disability premium, or are entitled to it. got or were entitled to the severe disability premium in the last month, and are still eligible for it.



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