Why Do They Want To Know About My 5 Month Old Sons Savings On HB/CTB Form?!

LittleMissAspie

ladyrider260 wrote: »

Anybody know? HELPFUL comments welcome....personal opinions and comments aren't.

SomeBozo gave you the answer in his very first sentence :rolleyes:

ladyrider260

Does that go with child trust funds Woodbine? Being as CTF are untouchable by anyone but the child when they're 18?
They encourage you to try & save for your childrens future, but on the other hand if your child has 'too much' in their account they sting you.

You can't win either way it seems.

[Deleted User]

ladyrider260 wrote: »

Does that go with child trust funds Woodbine? Being as CTF are untouchable by anyone but the child when they're 18?
They encourage you to try & save for your childrens future, but on the other hand if your child has 'too much' in their account they sting you.

You can't win either way it seems.

Tbh i`m not sure about the ctf,but as the child is only 5 months old then i assume its way under £3000 anyway ?and if you are now on benefits unlikely to increase much in the near future?,but i would say its best to declare it,or ask them first,dont just assume it wont count

notlongnow_2

I too think it is a good idea. For example, if someone is putting a hundred pounds a month into a childs account, then why should they get a benefit equivilant of what is being paid to a child every month?

I wouldnt worry about it. They do need to know these things but it wont make a difference to your situation.
Good luck.

ladyrider260

woodbine wrote: »

Tbh i`m not sure about the ctf,but as the child is only 5 months old then i assume its way under £3000 anyway ?and if you are now on benefits unlikely to increase much in the near future?,but i would say its best to declare it,or ask them first,dont just assume it wont count

Thanks again. There's £75 in it, so he's not a baby millionaire just yet! The grandparents wanted to put in some money regularly for him but we never got round to arranging it, just as well really.
I guess I don't want our son to struggle like we do, we are all trying to give him the best start possible but until his Dad finishes Uni & I find a full time job, he'll be doomed to the same struggle himself.
It's no wonder there's generations of poverty.

Still, we have another 17yrs & 7 months to do it!

NASA_2

Of course its their business.

Your laying claim to my tax money to help you live - I want to know that you really need it.

SomeBozo

ladyrider260 wrote: »

Anybody know? HELPFUL comments welcome....personal opinions and comments aren't.

Hi ladyrider206

I hope you now feel a little better about the information needed by the government.

They are prepared to pay you a modest income and fund the roof over your families head. Thats their part of the deal.

Your part of the deal is to disclose all the income and savings of everyone the government needs to look after, including your children.

You started the post with "personal opinions", I did not.

You don't have to jump the hoops the government states if you don't want to, but that means you can't claim the benefits.

You do have a choice, you need to decide whats more important to you.

The roof and government provided income? Or privacy for childrens savings.

Bozo

ladyrider260

ESA wrote: »

Of course its their business.

Your laying claim to my tax money to help you live - I want to know that you really need it.

Erm....I've worked since I was 14 thankyou very much! As has my partner & both sets of parents.

It's taxes that WE'VE paid! :mad:

You obviously don't read the whole thread.

ladyrider260

SomeBozo wrote: »

Hi ladyrider206

I hope you now feel a little better about the information needed by the government.

They are prepared to pay you a modest income and fund the roof over your families head. Thats their part of the deal.

Your part of the deal is to disclose all the income and savings of everyone the government needs to look after, including your children.

You started the post with "personal opinions", I did not.

You don't have to jump the hoops the government states if you don't want to, but that means you can't claim the benefits.

You do have a choice, you need to decide whats more important to you.

The roof and government provided income? Or privacy for childrens savings.

Bozo

Yeah, soz bout that Bozo. Guess I'm just riled at how difficult it is to get help when you've paid into the system all your life, then they take away your privacy as well as your dignity because you need to go cap in hand!:o

SomeBozo

ladyrider260 wrote: »

Erm....I've worked since I was 14 thankyou very much! As has my partner & both sets of parents.

It's taxes that WE'VE paid! :mad:

You obviously don't read the whole thread.

The taxes you paid at the time where spent at the time by the (then) government.

Right now, other tax payers are paying for government provided benefits.

No one is saying you are not entitled to it, or should not have it, but there are hoops to jump through.

Bozo