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Fuel Allowance Means Test

  • 13-05-2024 5:29pm
    #1
    SourSessions
    Registered Users, Registered Users 2 Posts: 1,318 ✭✭✭


    I have a question about the fuel allowance means test: Is the €20,000 disregard the same as or in addition to your assessable income limit (personal rate + €200)?

    Basically what I'm asking is, say you had €35,000 in savings. You disregard the first €20,000 and then assess the €15,000 left which is €10,000 @ €1 per €1000 and €5000 @ €2 per €1000 = €20

    Can you then put this against the €200 or has this been 'used up' by the first €20,000 in savings?

    There's no additional income besides social welfare payment in this scenario.



Comments

  • #2
    StormForce13
    Registered Users, Registered Users 2 Posts: 396 ✭✭StormForce13


    The savings are Capital, so aren't regarded as income. Hence they play no part in the [personal rate + €200] means assessment.

    However the notional interest of €20 is treated as income.



  • #3
    SourSessions
    Registered Users, Registered Users 2 Posts: 1,318 ✭✭✭SourSessions


    https://www.boards.ie/discussion/comment/122133829#Comment_122133829

    But the €20 falls within the €200 so the means assessed is still 0?



  • #4
    Cherry Blossom
    Registered Users, Registered Users 2 Posts: 6,964 ✭✭✭Cherry Blossom


    Apply. If you are on a means tested payment they may decide that as you already satisfy a means test and have been awarded a payment they don’t need to do another means test.



  • #5
    Cherry Blossom
    Registered Users, Registered Users 2 Posts: 6,964 ✭✭✭Cherry Blossom


    IMG_5007.png

    ..



  • #6
    SourSessions
    Registered Users, Registered Users 2 Posts: 1,318 ✭✭✭SourSessions


    Thanks Cherry Blossom and StormForce!



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