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my childs savings income support

4 replies

onegiantleap · 23/05/2009 12:10

Hi
I get income support, is my child allowed to have savings separate from my allowance of £6,000? I read it was £3,000. For example an account in his own name only?

I also have a dla question; I receive dla for him, not counted as income, if I dont spend it all every week and it accumulates in my current account, does then dla count as savings?

confused please help Thanks

OP posts:
HappyMummyOfOne · 23/05/2009 13:09

Childs savings do count although there is a disregard of £3k (all have to be declared though). I'm not sure that the disregard is extra to the parents £6k though. They have the right to check that the money is the childs and has simply not been moved to maximise benefits.

Any DLA paid may not be counted as income for IS but once in your account and accumalting will be counted as savings.

used2bthin · 23/05/2009 13:17

I thought the savings had to be no more than 3k? I don't get IS but do get housing benefit so maybe the rules are different. I am in a similar postion actually with my DDs DLA, well not that there are larger sums accumulating or anything but I wondered if I was able to save any in cae we don't get re awarded next year.

HappyMummyOfOne · 23/05/2009 13:58

Savings can be more than £3k but then a deducution is made for every £1 over the limit.

used2bthin · 23/05/2009 20:42

Thanks Happymummyofone.

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