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Fair Deal - Financial Assessment Assets

paulacul · 2023-02-23 16:09:49

Hi Looking for some advice please. "The first €72,000 of your assets is exempt from the assessment. This is discounted from your cash assets first, and then your non-cash assets (land or property)" = REF HSE Site Does this mean that €72,000 is knocked off cash assets first and then another €72,000 knocked off non cash…

23-02-2023 4:09pm

#1
paulacul

Registered Users, Registered Users 2 Posts: 14 ✭

Join Date: January 2013

Posts: 7
Hi
Looking for some advice please.
"The first €72,000 of your assets is exempt from the assessment. This is discounted from your cash assets first, and then your non-cash assets (land or property)" = REF HSE Site
Does this mean that €72,000 is knocked off cash assets first and then another €72,000 knocked off non cash assets ???
Please advise,
Regards

Breakdown on HSE website
40% of your combined assessable income
40% of any rental income you receive for your home (principal residence)
3.75% of your combined cash assets such as savings, stocks and shares
3.75% of your combined non-cash assets such as land or property

Tagged:

fair deal scheme

0

Comments

#2 27-02-2023 4:56am

coffeepls

Registered Users, Registered Users 2 Posts: 1,603 ✭✭✭

Join Date: January 2009

Posts: 1591

My mum was trying to make head or tail of this process a few months ago. She sought the advice of the citizens advice bureau and they were really helpful, if that’s any help to you.

1