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    • Franced
    • By Franced 12th Feb 18, 10:42 PM
    • 1Posts
    • 0Thanks
    Adoption allowance
    • #1
    • 12th Feb 18, 10:42 PM
    Adoption allowance 12th Feb 18 at 10:42 PM
    I wonder if anyone can advise, my husband and I are in the process of adopting a sibling group of 3 children.
    My husband is already stay at home and I intend to to take 12 months adoption leave so we can work as a team to help the children settle with us and give them the time they will need.
    We are already preparing financially and understandably are expected to have a certain level of savings to cover household bills and family costs for those 12 months. I have done a family budget and have budgeted will need minimum savings of around 18k for this period, and potentially we may have around 22k when I take my leave, this will cover my year off work.

    My question is, will my savings mean that I dont qualify for adoption allowance for the 33 weeks?
    Is there any means testing on the allowance. For the period Im off work I will have no other income.
    My husband and I have no experience of ever claiming any benefits so not really sure how it all works and if the savings will impact on the adoption allowance it will mean I cant take as much time off if our savings will not stretch as far.
    Any experience/ advice welcome please.
    Last edited by Franced; 12-02-2018 at 10:45 PM. Reason: Amended numbers
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    • poppy12345
    • By poppy12345 12th Feb 18, 10:59 PM
    • 2,604 Posts
    • 2,574 Thanks
    • #2
    • 12th Feb 18, 10:59 PM
    • #2
    • 12th Feb 18, 10:59 PM
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