We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
money in joint account
Options

Old_Git
Posts: 4,751 Forumite




for Social security /pension purpose is all the money in a joint account taken into consideration or is it half the money ,50% belonging to each person .
"Do not regret growing older, it's a privilege denied to many"
0
Comments
-
This issue has come up for IHT.
I think it depends where the money comes from so I think it helps to have this info and potentialy have the tax done the way you want.
For a true joint finances account even if the money comes from one person I think you can treat this as 50:50 eg married with one occupational pension + other bits.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards