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Council tax & cash on insurance policy
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[Deleted User]
Posts: 0 Forumite
When I cash in a with profits whole life policy iss the all the money received classed as income for council tax benefit?
If it is, does using it for house repairs to improve facilities for older person use make a difference?
Does it make a difference what part of the year it is withdrawn?
Ie: if withdrawn in January will it be used for last 3 months (Jan/Feb/Mar) or backdated till beginning of the assignment year.
Ie: if withdrawn in January will it be used for last 3 months (Jan/Feb/Mar) or backdated till beginning of the assignment year.
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Comments
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If they work in a similar way to DWP, that money would be classed as capital.0
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Thank you Tellit01.0
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