Savings amounts for Council Tax rebates

Options
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?

Comments

  • hippy-chicy
    Options
    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.
    :j
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards