Benefits and receiving inheritance

Grumpy_chap

https://forums.moneysavingexpert.com/discussion/comment/81857235#Comment_81857235

Can you see the three dots in a round circle to the top right of the post?

If you click there, it will give you and option to edit the post. That missing "not" makes a big difference.

Pollycat

https://forums.moneysavingexpert.com/discussion/comment/81857230#Comment_81857230

I wasn't saying you were involved in committing benefit fraud.

But that's certainly what your BiL wants to do.

Spoonie_Turtle

https://forums.moneysavingexpert.com/discussion/comment/81857591#Comment_81857591

Then I don't see why this thread is a problem, the OP came here to get information and clarification about whether anything the BIL wants to do is lawful - and the advice here has been correct, in line with the law and the rules of this board.

Baldytyke88

My FiL changed his will so his money did not go to his daughter, who has mental health issues, too late for that now.

He can put his maximum into a pension, £2880 if he is not earning. Better than nothing, for when he is 57+

You can go back up to three tax years (e.g., in 2024/25, you can use unused allowance from 2021/22, 2022/23, and 2023/24).
Requirement: You must have held a pension scheme (even with £0 contributions) during the years you are carrying forward from.

Grumpy_chap

https://forums.moneysavingexpert.com/discussion/comment/81857660#Comment_81857660

AIUI, it is not possible to carry forward prior years of the £2,880 (£3.6k gross) contributions allowance for those without earned income.

Where earned income is available, the limit on pension contributions is whatever the earned income is.

The £60k pension contributions allowance and carry forward only applies where earned income exceeds £60k. Inheritance is not earned income.

I suspect there are vanishingly few scenarios where an individual claiming means tested UC can take advantage of pension contributions carry forward.

Pollycat

https://forums.moneysavingexpert.com/discussion/comment/81857610#Comment_81857610

From MSE rules:

Benefits provide a lifeline for many, and this site is here to help people with their money, and not to judge. Of course, how to illegally defraud the benefits system shouldn't be discussed here, but ensuring you're getting your entitlement is exactly what it’s about.

This thread is about someone (not the OP) wishing to illegally defraud the benefits system.

We obviously interpret this content differently.