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Fair Deal Scheme - Joint account

  • 14-02-2024 3:11pm
    #1
    only_a_newbie
    Registered Users, Registered Users 2 Posts: 70 ✭✭


    Quick question re: Fair Deal Scheme guys

    If an elderly relatives savings are held in a joint account with one of their adult children can these 'assets' be liable for the 7.5% 'tax'?

    Thanks



Comments

  • #2
    Upthewalls1
    Registered Users, Registered Users 2 Posts: 31 ✭Upthewalls1


    I am bumping this question up as I have the same question in case anyone knows. I wonder did you ever find this out op?



  • #3
    StormForce13
    Registered Users, Registered Users 2 Posts: 477 ✭✭StormForce13


    Of course they can; the HSE wasn't born yesterday!

    And bear in mind that, in the unlikely event that the elderly relative doesn't actually own all of the funds in the joint account, then they will need to prove it to the satisfaction of the HSE.



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