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

Fuel Allowance Means Test

  • 13-05-2024 05:29PM
    #1
    SourSessions
    Registered Users, Registered Users 2 Posts: 1,459 ✭✭✭


    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: 701 ✭✭✭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: 1,459 ✭✭✭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: 7,001 ✭✭✭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: 7,001 ✭✭✭Cherry Blossom


    IMG_5007.png

    ..



  • #6
    SourSessions
    Registered Users, Registered Users 2 Posts: 1,459 ✭✭✭SourSessions


    Thanks Cherry Blossom and StormForce!



  • Advertisement
Advertisement