wonderaloud
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I would be interested in a response, too! So the threshold is £10k for savings, is it?
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Will we lose Council Tax Benefit and other worries
wonderaloud replied to WorrierNOTwarrior's topic in Benefits and HMRC
Hello, I see this was a while ago, but I'd be very grateful to know the outcome as my parents are in a similar position. My parents receive pension credit, which is divided up between bills, to the tune of £51 per week. However, my mum will soon be receiving a small private pension which she has been looking forward to for a long time as they really struggle. However, it has dawned on us all that in fact, not only will they probably (?) lose the pension credit, but they may have to pay council tax and even the rates fixed for the bill payments may change (pension credit of £51 covers electricity, gas, water and mortgage interest rate). Is it possible that they may actually be worse off?? The cruel irony of all this is that my mum worked hard over the years and often had to bail my dad out, who is terrible with money. They currently have not very much, but she is relatively independent with her money (state pension). Now, it seems, she is going to be bailing him out once again. Any information/advice gratefully received
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