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Does a pension lump sum affect student finance?
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The gift from your mother is not taxable income.0
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Sorry to bring up this old thread but my husband is due a £20000 lump sum payment from his local authority pension and then a monthly pension of £600 approx. We have two children at uni, I realise the monthly pension payment will need to be declared on our self employed tax return / student finance form but what happens about the £20k, if it's taken into account neither son will get any grants. Does anyone know the answer? Student Finance Wales are shockingly useless!Life's little instructions- Treat everyone you meet like you want to be treated..Watch a sunrise at least once a year..Strive for excellence not perfection:j£2 SC no.70 £140/£350SPC no.73 SPC9 £248 SPC10 target £250DFBX12 No. 069 £7719 / £7719 DEBT FREE 30/11/122013 mfw No.4 MORTGAGE FREE 5/8/130
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