Income Support and Child Benefit Savings

real1314

HappyMJ wrote: »

As your link says that is not set down in law it's a guide.

While the law does not define in detail what parental responsibility is, the following list sets out the key roles:

Anyway, think whatever you like. I know my mother has given my daughter thousands of pounds which I know have been saved and is held in her name and when added to the amount in my bank account I am quite sure would exceed £16,000 (I don't know exactly how much she has) so therefore according to you I am committing fraud by claiming housing benefit. Oh well... that's too bad. The council has never asked me to provide her bank statements.

1. It's a guide on a government site, and is based on the law.

2. Yes, you are committing fraud. Your HB claim form (or a renewal) will have asked if you or anyone you are claiming for has savings. At that point you will have made a declaration; evidently a false one. You also advised that you would inform them of any changes.

3. Are you sticking your fingers in your ears on the bit in RED?

It's you that is "thinking what you like" - you're ignoring evidence without any of your own. Still waiting on your link to your "viewpoint".......

:cool:

real1314

Hmm71 wrote: »

I'm a bit concerned by all the posts I've read, not just this thread but many others all saying that if an amount of money is disregarded by DWP/Housing etc then it doesn't need to be declared. Is that right? I thought you would still have to declare everything but then allow the DWP or whoever to decide whether it is disregarded or not.
Or have I just been too honest in the past?

You should declare what is asked for, to be on the even safer side, you can add anything else you think might matter; Not what happyMJ suggests. Some people on here give advice without any real knowledge or experience, and in doing so, expose others to risk. :cool:

Hmm71

real1314 wrote: »

You should declare what is asked for, to be on the even safer side, you can add anything else you think might matter; Not what happyMJ suggests. Some people on here give advice without any real knowledge or experience, and in doing so, expose others to risk. :cool:

Thank you, that's what I thought and what I've always done in the past. I've never assumed that "disregarded" equals "don't declare". They're not the same things at all.

HappyMJ

real1314 wrote: »

1. It's a guide on a government site, and is based on the law.

2. Yes, you are committing fraud. Your HB claim form (or a renewal) will have asked if you or anyone you are claiming for has savings. At that point you will have made a declaration; evidently a false one. You also advised that you would inform them of any changes.

3. Are you sticking your fingers in your ears on the bit in RED?

It's you that is "thinking what you like" - you're ignoring evidence without any of your own. Still waiting on your link to your "viewpoint".......

:cool:

Which question on the HCTB1 form asks about the savings held by children? There is a question about accounts held in trust which I answered yes and declared the Halifax childrens regular saver account I hold in trust in her name but I can't find where to declare that she also holds a current account.

anguk

HappyMJ wrote: »

Santander requires no parental permission for the 11-15 account. The child can walk into the bank with their passport and open an account. Can't say for other banks as no personal experience. My 11 y.o has an account and has a debit card. It's just a debit electronic use only card it cannot be overdrawn.

When my daughter opened her 11-15 account with the Halifax she had to have a parent present and proof of that parent's identity and address.

http://www.halifax.co.uk/bankaccounts/other-bank-accounts/expresscash/

raven83

Sorry to bump this thread up, but 2 of my kids have over £6000 which was left to them in a will and is in trust till they are 18, cannot be touched by myself only by my children and only when they are 18, would this count when on benefits?

cosmic-dust

Hmm71 wrote: »

I'm a bit concerned by all the posts I've read, not just this thread but many others all saying that if an amount of money is disregarded by DWP/Housing etc then it doesn't need to be declared. Is that right? I thought you would still have to declare everything but then allow the DWP or whoever to decide whether it is disregarded or not.
Or have I just been too honest in the past?

Everything needs to be declared, you are correct.

It quiet clearly states on HB/CTB forms:
http://www.dwp.gov.uk/advisers/claimforms/hctb1_print.pdf

Part 10
About bank accounts, savings, investments and property [FONT=FS Me,FS Me][FONT=FS Me,FS Me]We need to know if you or your partner have any bank accounts, savings, investments or property in the UK or abroad. [/FONT][/FONT]

This includes cash, current accounts and savings accounts with a bank or building society, Post Office® accounts, Premium bonds, National Savings Certificates, stocks and shares and money or property held in trust, including any trusts set up for your children.

And Income support review forms:
http://www.nidirect.gov.uk/a2_is_review_from.pdf

Do any of the children or qualifying young persons you are claiming Income Support for have savings of £2,500 or more?

[FONT=AAAAA H+ Frutiger,Frutiger][FONT=AAAAA H+ Frutiger,Frutiger][/FONT][/FONT]
[FONT=AAAAA H+ Frutiger,Frutiger][FONT=AAAAA H+ Frutiger,Frutiger]If [/FONT][/FONT]Yes[FONT=AAAAA H+ Frutiger,Frutiger][FONT=AAAAA H+ Frutiger,Frutiger], you must send us proof of these savings. For example, a recent bank statement or a savings account book. Send us this as soon as you can. But do not delay sending us this form. [/FONT][/FONT]

HappyMJ

cosmic-dust wrote: »

Everything needs to be declared, you are correct.

It quiet clearly states on HB/CTB forms:
http://www.dwp.gov.uk/advisers/claimforms/hctb1_print.pdf


And Income support review forms:
http://www.nidirect.gov.uk/a2_is_review_from.pdf

That's as clear as mud. It says held in my or my partners name then goes on about other money. I have declared all money held "in trust"...i.e the Childrens regular saver that I have in her name as TTEE for XX. I have not declared the savings held in her own name. I have nothing to do with them.

I do not claim IS.

HappyMJ

raven83 wrote: »

Sorry to bump this thread up, but 2 of my kids have over £6000 which was left to them in a will and is in trust till they are 18, cannot be touched by myself only by my children and only when they are 18, would this count when on benefits?

I would say no but others on here disagree. Ask the council or whoever who are claiming from to clarify. They told me at the counter at the council that the money held in a Scottish Friendly bond does not count but do your own research. I put £25 a month into the bond and it's no longer available until they are 18.

anguk

raven83 wrote: »

Sorry to bump this thread up, but 2 of my kids have over £6000 which was left to them in a will and is in trust till they are 18, cannot be touched by myself only by my children and only when they are 18, would this count when on benefits?

I don't think it will be taken into account as it's in your children's names and it's in trust until they're 18 but I think you may still have to declare it.