Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

DA Means Test

  • 24-05-2021 12:23pm
    #1
    chicorytip
    Registered Users, Registered Users 2 Posts: 4,309 ✭✭✭


    Hello. Is there a limit on the amount of money somebody applying for or already in receipt of Disability Allowance can have without it being taken into account when their means are being assessed? I am referring to savings, investments, assets such as property or funds received from inheritance rather than income from part time work. I think, if applying for the HAP for example, the figure is thirty thousand euro, that being the maximum allowed to qualify for the full rate. I know of course the HAP scheme is administered by the local authorities and is not related to social welfare.


Comments

  • #2
    Jerry Attrick
    Closed Accounts Posts: 243 ✭✭Jerry Attrick


    chicorytip wrote: »
    Hello. Is there a limit on the amount of money somebody applying for or already in receipt of Disability Allowance can have without it being taken into account when their means are being assessed? I am referring to savings, investments, assets such as property or funds received from inheritance rather than income from part time work. I think, if applying for the HAP for example, the figure is thirty thousand euro, that being the maximum allowed to qualify for the full rate. I know of course the HAP scheme is administered by the local authorities and is not related to social welfare.


    Every Social Welfare payment with the word "Allowance" in its title is means tested (as opposed to every SW payment with the word "Benefit" in the title which isn't!)

    The formula for assessing means from capital for Disability Allowance is as follows:

    First €50,000 Nil
    Next €10,000 €1 per €1,000
    Next €10,000 €2 per €1,000
    Balance >70K €4 per €1,000

    So if your total capital is €100,000, your weekly DA payment will be reduced by €150. (10+20+120)


Advertisement