Schedule of Loss for ET - award more than ask?

Uncertain

SarEl wrote: »

True, but also remember that this is still declarable income / capital for benefits payments, and may result in loss of benefit if it is over certain amounts

Yes, it may affect FUTURE benefit entitlement but my point was it doesn't impact on any JSA paid prior to the settlement being reached.

However, as you pointed out, a tribunal award does.

SarEl

Uncertain wrote: »

Yes, it may affect FUTURE benefit entitlement but my point was it doesn't impact on any JSA paid prior to the settlement being reached.

However, as you pointed out, a tribunal award does.

Yes sorry - I knew you knew that. I was just pointing it out to the OP as you would be surprised how many people don't know it, and rush off spening money on debts, foreign holiodays and cars, then get their benefits cut for "frittering away" the award, so to speak!

Yockie

Uncertain: They don’t want to settle, so thanks for telling me, but really isn’t not an option in my case…

SarEl: What do you mean by not spending on what I want? Do I have a limits? I did not follow this part, why would they say “frittering away” if its about debt repayment of holiday?


The income schedule that I have done includes my income support (I’m not on JSA), my Child Benefit (CHB) and the Child Tax Credit. I have excluded the DLA and the housing and council tax benefits, because the former is irrespective of whether I am in employment or not and the latter two I don’t receive, they are paid directly on my behalf. Have I done the schedule correctly?

I am not sure what I have to repay, but I do know that I have to contact the Job Center and the HMRC when I win.:D:D:D I'm sure they'll tell me what they want from me...:eek:

SarEl

Yockie wrote: »

Uncertain: They don’t want to settle, so thanks for telling me, but really isn’t not an option in my case…

SarEl: What do you mean by not spending on what I want? Do I have a limits? I did not follow this part, why would they say “frittering away” if its about debt repayment of holiday?


The income schedule that I have done includes my income support (I’m not on JSA), my Child Benefit (CHB) and the Child Tax Credit. I have excluded the DLA and the housing and council tax benefits, because the former is irrespective of whether I am in employment or not and the latter two I don’t receive, they are paid directly on my behalf. Have I done the schedule correctly?

I am not sure what I have to repay, but I do know that I have to contact the Job Center and the HMRC when I win.:D:D:D I'm sure they'll tell me what they want from me...:eek:

If you are claiming benefits you do not have a right to spend any money that you have as you wish. So, for example, if you have £20k the Benefits Agency can say, you are getting income based JSA and we expect this £20k capital to last for XX months, so you will not be getting any payments until such and such date. There are certain amounts of money which are disregarded in different ways by different benefits - but basically if you claim benefits there are many rules that effectively say that your money is not your own, in that if you spend it, you cannot then have benefit just because you have spent it. I cannot give you chapter and verse on these rules because it isn't my area, but I know that they exist, and people need to be careful of them.

Yockie

Thanks for that answer, I guess the best thing to do is to say: I’ll cross that bridge when it comes to it.:)

Do you think that the income schedule as I have done it is OK, or does it need amendments?

SarEl

Off the top of my head, based on what you say, it seems fine.

Yockie

Having thought about it; wouldn’t it make more sense not to include the Child Benefit, because it’s paid to all those that have a child – in or out of work (yes, I know about the higher tax payers not being given the Child Benefit anymore, but up until now its been for everyone). So it should not be on an income schedule really…?

But following this logic one must include the housing and council tax benefits because these two are affected by the employment status of a person. Though they are not really an income...?


I wish there was a clear guidance on how to prepare those documents. After all, I’ve read that ETs are meant for lay people... :eek::cool::)