We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Invalid Care Allowance and Tax
numero5
Posts: 1 Newbie
I have been in receipt of ICA for a number of years (my wife has a condition which requires care assistance and will do for the rest of her life) during which time I have never had an income above the allowable weekly limit. At present my income is £84.00 per week and the allowable figure has just risen to £87.00 per week. The Invalid Care component has just risen to £48.65 per week and I have just noticed on the latest letter received from ICA that this benefit is taxable.
Possibly this has always been there but I had never noticed it in the past.
I cannot believe that the ICA component and the allowable wage are structured in such a way that one is liable to being taxed on the total but I am beginning to have my doubts.
Any information to clarify this situation would be most welcome as I would wish to get things on a correct footing and clear any outstanding liabilities before they get out of hand.
Thank you in advance.
Possibly this has always been there but I had never noticed it in the past.
I cannot believe that the ICA component and the allowable wage are structured in such a way that one is liable to being taxed on the total but I am beginning to have my doubts.
Any information to clarify this situation would be most welcome as I would wish to get things on a correct footing and clear any outstanding liabilities before they get out of hand.
Thank you in advance.
0
Comments
-
Yes afraid so Carers allowance is a taxable benefit.Hit the snitch button!member #1 of the official warning clique.
:j:D
Feel the love baby!0 -
Most benefits are taxable nowdays.
Lin
You can tell a lot about a woman by her hands..........for instance, if they are placed around your throat, she's probably slightly upset.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards