Capital over £10,000 but can it be treated as exempt?

rotoguys

HappyMJ wrote: »

Since when? It's been £16,000 for quite a while. You have £17,000 so all you need to do is spend £1,000. That is not hard. All you need to do is pay bills that are due. Council Tax, gas, electric? Anything else? Are some credit cards due but not too much....

Without sounding pompous, we can't spend all of the money that we are getting already in benefits each week. Quite a bit of it is being saved - hence the initial capital £6000 which was mainly a benefit backpayment and we are saving at the rate of over £200 a week!

[Deleted User]

OP you cant have the money ringed fenced as you would like,and its 26 weeks for a property sale not 52
as for PIP dont get ahead of yourself,the change from dla will start next year and will take probably 3 years,you might be near the back of that queue

HappyMJ

rotoguys wrote: »

Without sounding pompous, we can't spend all of the money that we are getting already in benefits each week. Quite a bit of it is being saved - hence the initial capital £6000 which was mainly a benefit backpayment and we are saving at the rate of over £200 a week!

Then spend it. Go on holiday. Buy new stuff for your house. Buy a car and garage it if you would like to. Give some of the excess income away each week to charity. Why are you bothering about what....£25 a week when you are saving £200 every week. It's not all about getting every penny you are entitled to.

cottyh24

I wish I could afford to save £200 a week from mine and my husbands full time salaries, had a car provided for me even though I already had one, received the proceeds from the sale of my car after I received the new one and could apply for council tax benefit.

rotoguys

woodbine wrote: »

OP you cant have the money ringed fenced as you would like,and its 26 weeks for a property sale not 52
as for PIP dont get ahead of yourself,the change from dla will start next year and will take probably 3 years,you might be near the back of that queue

Thanks, that's all I wanted to know.
I think the best is to replace the car now and keep it garaged.

Yes it will start next year, and it might take 3 years to get to me, but it may not!
I know I will lose the HRM eventually, in fact everybody that gets HRM on the basis of not being able to walk but could manage to self propel a wheelchair will do, so I won't be on my own.

I was holding out hope that the Lords would overturn the decision, but that now seems unlikely.
Much better to be prepared.
Mind you it will also affect the add on benefits as well, as the MRC will probably be downgraded. This will mean the withdrawal of the Joint disability premium I get with PC.

It was well worth asking the question even if I didn't get the answer I would have liked.

rotoguys

HappyMJ wrote: »

Then spend it. Go on holiday. Buy new stuff for your house. Buy a car and garage it if you would like to. Give some of the excess income away each week to charity. Why are you bothering about what....£25 a week when you are saving £200 every week. It's not all about getting every penny you are entitled to.

I think that that comment would be wasted on Welfare Rights/Social Worker and the Council.

They insisted that it is my right and entitlement to claim it!

rotoguys

cottyh24 wrote: »

I wish I could afford to save £200 a week from mine and my husbands full time salaries, had a car provided for me even though I already had one, received the proceeds from the sale of my car after I received the new one and could apply for council tax benefit.

I am not going through the details of my income again. But when you are used to living on £257 a week then find out that you should have been having £650 a week, it takes a lot to adjust to that increase. So much so that we just don't know how to spend it all or what to spen it on. So we do the right thing, we just don't waste it because it is there we save it!

As for the rest, the government have told us that that is what we are entitled to. We are entitled to a Motability car, we are entitled to all of the benefits we receive.

Don't have a go at me - have a go at the government for allowing it to happen - and I for one would be right behind you backing you up because it is obscene!!

HappyMJ

rotoguys wrote: »

I think that that comment would be wasted on Welfare Rights/Social Worker and the Council.

They insisted that it is my right and entitlement to claim it!

Yes and you are but now you have over £16,000 you are no longer entitled to claim council tax benefit. I've given you hints on getting rid of some money so that you get "some" council tax benefit but you don't want to just get below £16,000 you want to go all the way and go under £10,000 so you get the maximum amount of benefit.

cottyh24

rotoguys wrote: »

I am not going through the details of my income again. But when you are used to living on £257 a week then find out that you should have been having £650 a week, it takes a lot to adjust to that increase. So much so that we just don't know how to spend it all or what to spen it on. So we do the right thing, we just don't waste it because it is there we save it!

As for the rest, the government have told us that that is what we are entitled to. We are entitled to a Motability car, we are entitled to all of the benefits we receive.

Don't have a go at me - have a go at the government for allowing it to happen - and I for one would be right behind you backing you up because it is obscene!!

My comment was more about the state of the benefits system in this country than you in particular.

Dollardog

cottyh24 wrote: »

I wish I could afford to save £200 a week from mine and my husbands full time salaries, had a car provided for me even though I already had one, received the proceeds from the sale of my car after I received the new one and could apply for council tax benefit.

I wish I could earn £200 per week, I am self employed, work 7 days most weeks and often long hours and I'm lucky if I end up with £100 a week earnngs!!