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Inheritance while on benefits

13

Comments

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I agree, that 1100pm is really a high figure for someone like you guys.
  • greyfox
    greyfox Posts: 484 Forumite
    Part of the Furniture 100 Posts
    MikeJO wrote: »
    I can leave her for two/three hours at a time though so it may be that I can work sixteen hours a week (which I understand I can while on Carers Allowance) if I can find something.

    The Carer's Allowance rule is that you are allowed to work but must not earn more than £116 a week after tax, national insurance contributions and half of any pension contributions you make have been deducted. Not quite the same as a 16 hours rule.
  • System
    System Posts: 178,364 Community Admin
    10,000 Posts Photogenic Name Dropper
    Put £40k in a pension and £20k in a s&m isa
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • xylophone
    xylophone Posts: 45,693 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Put £40k in a pension

    The OP would not qualify on "relevant earnings" grounds.
  • badger09
    badger09 Posts: 11,638 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    MatthewAinsworth wrote: »
    Put £40k in a pension and £20k in a s&m isa

    s&m isa:eek:
  • eskbanker
    eskbanker Posts: 37,791 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    badger09 wrote: »
    s&m isa:eek:
    Plenty of bonds presumably.... ;)
  • xylophone
    xylophone Posts: 45,693 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    s&m isa

    Investing in leather and rubber?
  • System
    System Posts: 178,364 Community Admin
    10,000 Posts Photogenic Name Dropper
    Bonds, shares in the owner of durex, playboy, etc, makers of Viagra and morning after, certain clubs, certain websites, Amsterdam listed equities...
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • badger09
    badger09 Posts: 11,638 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    MatthewAinsworth wrote: »
    Bonds, shares in the owner of durex, playboy, etc, makers of Viagra and morning after, certain clubs, certain websites, Amsterdam listed equities...

    But remember, your investments can go down as well as up:rotfl:
  • System
    System Posts: 178,364 Community Admin
    10,000 Posts Photogenic Name Dropper
    That's where inflation is a good thing!
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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