Sadly yes. Here is an extract from the DMG...
"What is notional income 85400 A person may be treated as having an income that he does not actually have1. This type of income is known as notional income and may take different forms (1 SPC Act 02, s 15(6)(a)
Types of notional income 85401 Notional income may be attributed because of1 1. deprivation of income (DMG 85410 et seq) 2. RP income available but not applied for (DMG 85450 et seq) and 3. income for the claimant paid to a third party (DMG 85500 et seq). (SPC Regs, reg 18)....
Treatment of notional income 85403 Calculate notional income in the same way that actual income is calculated in this Chapter. Any notional income should be added to any actual income. The total should then be taken into account using normal rules, including applying any appropriate disregard".
This seems to me to be a bit of an own goal. The Government is terrified of the prospect of not being able to pay the state pension bill, but by counting all deffered pension, there is little incentive to carry on working etc. Why not count 50% of it?
Steve
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