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Anybody owns LTD Company and gets a Carers Allowance?

Mishomeister

Mishomeister Posts: 1,080 Forumite

Part of the Furniture

500 Posts

Combo Breaker

26 June 2024 at 12:50PM in Benefits & tax credits

Is it true that Carers Allowance would ignore the Dividends and not consider these as income?

Many thanks

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Comments

Yamor Posts: 651 Forumite

27 June 2024 at 12:58AM

Yes, that is correct. Dividends are income from capital, not earnings. It is only earnings which count for Carer's Allowance.

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