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Declaring entitlement to inheritance to DWP

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Comments

  • Alice_Holt
    Alice_Holt Posts: 6,094 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    MalMonroe said:


    The best thing you can do is contact DWP and ask them. If you can't progress without knowing the answer to that particular question then they seem to be the best people to advise you.


           1)    DWP do not administer TC's.

           2)   Both spoonie and calcotti have correctly advised the OP that there is no capital limit for tax credits
    Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.
  • KittemC
    KittemC Posts: 41 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Completely immaterial for TC's as calcotti and spoonie have stated.

    https://revenuebenefits.org.uk/tax-credits/guidance/how-do-tax-credits-work/what-is-income/investment-income/
    "There is no capital limit for tax credits; the value of any savings/capital is ignored.  However, any taxable income from savings and investments is taken into account as investment income."


    Why do you refer to the DWP rather than HMRC ?
    DWP have nothing to do with TC's.
    Are you in receipt of other benefits?
    Thank you so much everyone. I'm not in receipt of any other benefits, no. Asking about the DWP came from advice from the solicitor dealing with mum's estate, so I'm grateful to those of you who have put my straight on this. I am also very relieved! 
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