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
CTC and Inheriting Money
dads
Posts: 12 Forumite
I'm due to inherit close to 6 figures from an inheritence in the next few months.
Am I right in thinking this will effect my CTC
thanks
Am I right in thinking this will effect my CTC
thanks
0
Comments
-
Only the interest earned over £300 p/a will need to be declared as income towards your eligibility.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0
-
Thats seriously good news.
So basically if I sink the money into property I've nothing to declare.0 -
THATS GOOD NEWS.
Not always straight to the tax man then:A Tomorrow's just another day - keep smiling0
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