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CSA Variation? Please help

2

Comments

  • Thanks Dimbo

    things are becoming much clearer now.
  • LizzieS_2
    LizzieS_2 Posts: 2,948 Forumite
    Assessments do seem to take some time to complete, and I would guess variations (like savings) will take longer. As you are looking at rejoining the workforce in the not too distant future, it would be better for you to sort the variation out sooner rather than later.

    The rules over IS and csa have changed - the csa now pay all they receive to the pwc and it is down to the pwc to declare that income to JSP for IS levels to be adjusted.
  • I was one in a previous life but a few years ago now, so wouldn't like to quote on here. They will have your best interest at heart, and will be able to give you a detailed in work benefit calculation that will demonstrate whether or not you would be better off working.

    Income support is a means tested benefit, therefore if you have money they will take it into account including any maintenance. Even if the rules have changed (like I said i did this job a few years ago) you would still have to declare any income including your maintenance to the Benefits Agency. If you are working however, maintenance received is yours. WTC dont take maintenance into account. You would get 80% of registered childcare back via child tax credit, I think this includes registered after school clubs, breakfast clubs etc and certainly childminders. They will also take into account any increase for holidays etc.

    The other plus point about joining New Deal for Lone parents is that there may be payments you may be entitled to or other financial help that the Lone Parent Advisor may be able to give you... its worth a phone call.

    Kx
  • Thanks again everybody for taking the time to help me, it really does make understanding the maze of benefits etc much clearer.

    Proud to be part of MSE

    :beer:
  • hi once a claim with csa is open it will stay open until you close it regardless of if your working or on benefits. so no need for a new claim.

    they will do as much as they can to obtain your childs money regardless of yourpersonal situation
  • thanks Tamsin, just what I needed to know.

    I think I am ready now to go ahead and ask for the variation due to his capital.

    Thanks again everyone
  • if you do claim a variation you will have to provide all evidence that he does have all this money currently in an account. to do this you will need to provide a bank statement as evidence.

    the non resident parent is then given time (i think its a month) to review your evidence and send in a dispute, if he chooses. he will get to view any and all information you provide re the variation application.

    it is not enough for you to write in and claim he has this money, you will need proof and legally getting this is not easy.
  • Chloexxx
    Chloexxx Posts: 44 Forumite
    Hi they only use assets over £65,000 then only a % of any interest he may get. His savings are not income. So say he has savings of £100,000 he would get interest at say 3%per annum = £3000per year approx £70per week. He will need in the region of £250,000 savings to get anywhere near £20 per week, but again dependent on his circumstances
    Signature against site rules - FT3
  • kelloggs36
    kelloggs36 Posts: 7,712 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well if the OP is correct and he has well over 500k in savings it makes it a worthwhile application.
  • Chloexxx
    Chloexxx Posts: 44 Forumite
    sorry Kelloggs didnt see that figure in first post was just trying to show capital isnt used just interest................ Sorry
    Signature against site rules - FT3
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