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Definition of earning for Carers Allowance

Is there a definition of earnings for CA?  Is it the same as for UC where dividends and salary from the company are earnings?

Comments

  • NedS
    NedS Posts: 4,883 Forumite
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    Are you self employed? Are these dividends taken from your own company?

    Our green credentials: 12kW Samsung ASHP for heating, 7.2kWp Solar (South facing), Tesla Powerwall 3 (13.5kWh), Net exporter
  • Bowey123
    Bowey123 Posts: 75 Forumite
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    The dividends would be from a personal company.  So not self employed.  An employee of the company and shareholder. I know that UC regs say earnings are salary plus divis from the company 
  • p00hsticks
    p00hsticks Posts: 14,704 Forumite
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    Bowey123 said:
    The dividends would be from a personal company.  So not self employed.  An employee of the company and shareholder. I know that UC regs say earnings are salary plus divis from the company 
    Are you a director of  the company ?
  • Bowey123
    Bowey123 Posts: 75 Forumite
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    Director and shareholder
  • kaMelo
    kaMelo Posts: 2,897 Forumite
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    If I remember correctly dividend payments are classed as income from capital, not earned income. As such any dividend payments are not counted when determining eligibility for carers allowance.
  • Grumpy_chap
    Grumpy_chap Posts: 19,130 Forumite
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    If I read the thread correctly, the OP is Sole Shareholder and Director for their own Ltd Co.

    In the case of UC, that would be treated as self-employment and the assessment of earnings would "pierce through the veil" of the Ltd Co. to determine underlying income per assessment period (after permitted expenses are deducted).

    I do not know whether the assessment of earnings for Carers Allowance is on the similar basis.
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