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What if?...
DUTR
Posts: 12,958 Forumite
An NRP won say £250k on the lotto, how does this affect assesments?
(no I have not won) but interest rates are low so how is the assets over £65K assessed?
(no I have not won) but interest rates are low so how is the assets over £65K assessed?
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Goddamit! :rotfl:and here was me hoping that you would whisk me away :whistle:An NRP won say £250k on the lotto, how does this affect assesments?
(no I have not won) but interest rates are low so how is the assets over £65K assessed?Hit the snitch button!member #1 of the official warning clique.
:j:D
Feel the love baby!0 -
the whole 250k could be subject to the statutory rate of 8% which is set by the county court with regard to daily intrest rates for outstanding debts. Until it is changed you would pay 15/20/25% of the 8% However if you took the calculation to Appeal under the current climate the judge is likly to varry the amount down under the just and equitable rule which recently has been widened by a number of upper tribunal decisions0
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the whole 250k could be subject to the statutory rate of 8% which is set by the county court with regard to daily intrest rates for outstanding debts. Until it is changed you would pay 15/20/25% of the 8% However if you took the calculation to Appeal under the current climate the judge is likly to varry the amount down under the just and equitable rule which recently has been widened by a number of upper tribunal decisions
Gosh 8% :eek:, when I last looked I was getting 0.1% gross on savings and mortgage rate is 2.5% from July, where do they get 8% from? mind you, there is no point me worrying about it, as I have not won it
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you could always put the winnings in the nrpp name and then the csa wouldnt' have a claim to it at all, and you could treat the child/ren as you wished0
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:rotfl:Hoping the NRPP doesn't do a runner.stressed_eric wrote: »you could always put the winnings in the nrpp name and then the csa wouldnt' have a claim to it at all, and you could treat the child/ren as you wishedHit the snitch button!member #1 of the official warning clique.:j:D
Feel the love baby!0 -
stressed_eric wrote: »you could always put the winnings in the nrpp name and then the csa wouldnt' have a claim to it at all
The CSA calls that diversion of income.0 -
not if you put the nrpp name on the ticket!! the csa couldn't prove otherwise then!!0
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stressed_eric wrote: »not if you put the nrpp name on the ticket!! the csa couldn't prove otherwise then!!
heh heh , I buy my ticket online, and could I trust a stranger with 250k?
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