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Child benefit now included in income for BR calculations
Lightattheend
Posts: 1,164 Forumite
Just to let you know I've just had my chat with the OR and specifically asked about the inclusion of child benefit in the calculations for income/expenditure and surplus and he told me that within the last couple of weeks they have been informed they need to include the CB in the calculations. He said he understood it was because they include allowances for your child(ren) in the calculations already.
BR 08/06/09 ED 10/03/10
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Wow - thats news many of us didn't want to hear! It could throw a lot of soa up the swanny!0
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An examiner recently told someone that the guidelines had changed so that lump sum arrears of benefits received after your BR date could be claimed as an "asset".
That turned out to be complete rubbish. :rolleyes:
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And not before time.0
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Fermi, he did mention that solicitors had been consulted and that they had said all benefits should now be included in calculations. But as you said....BR 08/06/09 ED 10/03/10BSC member 2500
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Just phoned the IS service and their take on it is if you have children then you should be showing outgoings for children which the CHB pays for ie activies, clothes, school dinners so you are showing your CHB is used.
Will fire off an email later and see what the reply is. May also ring a couple of more times and speak to different advisors.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0 -
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31.7.9 State benefits
April 2008
The only exception to the inclusion of state benefits in an income payments calculation is where a bankrupt is in receipt of child benefit, which is not an income based benefit (unlike child tax credit, see above). The High Court has stated as a matter of public policy that child benefit should not be included in the statement of income when applying for an IPO and there is no reason why the same principle should not be extended to cover IPAs.
They will have to get the High Court to do a U-turn on this statement first.
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Its too late, always has been, always will be.
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Cheers m'dear
BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0 -
The_Watchman wrote: »
They will have to get the High Court to do a U-turn on this statement first.
Can I just ask where that info has come from? just in case I need to quote it at my OR in the future:rolleyes:Finally Debt Free - April 2009
2012 Challenge £2012 +/ £2012 - Did it:j0 -
lifebeginsagain wrote: »Can I just ask where that info has come from? just in case I need to quote it at my OR in the future:rolleyes:
Insolvency service technical manual, chapter 31
http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Accept your past without regret, handle your present with confidence and face your future without fear0
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