Disposing of capital - allowed?

Indie_Kid

I have just over £7k in savings. This takes me into the bit where they reduce my benefits. (£1 for each £250 over £6k)

Now, due to various issues, my parents are having some money issues. They need to sort their boiler out and this will cost at least £1000 to do so. What exactly are the rules for me giving them money to do this? I currently pay them "keep" (or rent) and they wouldn't be able to pay me back - so they'd just allow me to live at home for free for a while. (they've said this before and then sorted out said money issue - however, it was quite a bit less than £1000)

Breast_Cancer_Survivor

Bloody hell sh, your brave. :eek:

:rotfl:

It sounds perfectly reasonable to me tbh but I don't know anything about deprevation of income.

Good luck with the replies. :A

gordikin

Popcorn anyone!

DX2

sh1305 wrote: »

I have just over £7k in savings. This takes me into the bit where they reduce my benefits. (£1 for each £250 over £6k)

Now, due to various issues, my parents are having some money issues. They need to sort their boiler out and this will cost at least £1000 to do so. What exactly are the rules for me giving them money to do this? I currently pay them "keep" (or rent) and they wouldn't be able to pay me back - so they'd just allow me to live at home for free for a while. (they've said this before and then sorted out said money issue - however, it was quite a bit less than £1000)

Apart from DLA what benefits do you get?

dmg24

sh1305 wrote: »

I have just over £7k in savings. This takes me into the bit where they reduce my benefits. (£1 for each £250 over £6k)

Now, due to various issues, my parents are having some money issues. They need to sort their boiler out and this will cost at least £1000 to do so. What exactly are the rules for me giving them money to do this? I currently pay them "keep" (or rent) and they wouldn't be able to pay me back - so they'd just allow me to live at home for free for a while. (they've said this before and then sorted out said money issue - however, it was quite a bit less than £1000)

Now you know the best place to get an answer would be the DWP.

I think you have two issues - the boiler is not your responsibility to replace, so in effect you are loaning or gifting your parents the money. This is likely to be seen as deprivation. If you got past that issue, there is then the question of whether the repair is essential or just desirable. The former would be permissable, the latter unlikely.

BCS, I see nothing wrong with sh1305's question - there is a big difference between spending money on keeping your house warm, and buying an ipod from DLA money.

robpw2

sorry but 3 hours or so ago you was complaining that you had to pay for special paper out of your dla and you had not got enough money to pay a carer... ?
yet you have 7k and live at home ...

Doom_and_Gloom

As it's not your home - you do not own it in any way - it would most likely be seen as deprevation of capital.

I wouldn't usually say this as an option but is it not possible for your parents to take out a loan for the boiler or get it on a payment plan? A boiler is essential but as it's not a place in your name it isn't your responsibility.

I guess the other way would be for you to pay for the boiler but for you to still be treated as though you have it as it would most likely be seen as deprivation of capital.

ceridwen

I would have thought that your parents home WOULD count as "your home" - as you live there.

If somewhere didnt count as "your home" unless you own it - then no-one would be able to spend anything on their home unless they did so. I'm sure there must be people spending money on rented homes they have (Council housing for instance). I expect theres a lot of Council housing that is inadequately maintained and the tenant decides to spend the money instead - as otherwise they would have to do without something that we all acknowlede is a necessity in this day and age (eg a fully-functioning central heating/hot water heating system).

Having a boiler thats working properly is obviously essential for a home - I would certainly assume that I was entitled to spend on this from my capital (its hardly either personal or luxury).

You might be wise to check - out of courtesy - with the DWP before you go ahead and pay for it. Having told them (purely out of courtesy and so that you have proof they HAVE been told and agreed it) - if there are any problems with the particular person you tell - then go over their head and tell someone higher up in the foodchain instead (by querying what their subordinate said and asking whether they had "interpreted the Regulations correctly").

NB; Ignore the moralistic posts that have already started to appear on your thread. This often happens to benefit queries - but for some reason never seems to happen on bankruptcy query threads <puzzled smilie> (you would think people would either make comments on both types of thread - or neither.....).

Dave101t

hey, she (obviously a she) is trying to work the system in her favour....isnt that par for the course nowadays? (now, how do i go about hiding my savings, and my job, and my house in order to leech of the public purse...?)

ceridwen

I rest my case - my point proven exactly...

Will now go off to see if either of these people have made comments against anyone starting a bankruptcy thread.....

woody01

robpw2 wrote: »

sorry but 3 hours or so ago you was complaining that you had to pay for special paper out of your dla and you had not got enough money to pay a carer... ?
yet you have 7k and live at home ...

The OP, and many like them nowadays are looking at every opportunity for a free lunch, whilst the really needy go without.