Savings amounts for Council Tax rebates
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floridaswimming
Posts: 3 Newbie
Have councils/government amended qualifying savings amount now that the interest received is far lower than when the notional income from investments rules were originally drawn up back in the good times?
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Comments
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No the capital limit is still 16k and anything over 6k will attract a tariff.
The tarfiff income is not based on interest rates, they expect you to use some of your savings to support yourself.:j0
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