welfare rights officer, dundee city council welfare rights Member since 06th Jun 2008
tax credits and criminal injuries Fri 16-Oct-09 01:53 PM
would a payment of criminal inuries compensation affect a clients entitlement to working tax credits?
CPAG handbook states under investment income disregarded that annuity payments under criminal injuries scheme are disregarded but i am unsure how this would relate to a one off payment.
does anyone have any experience of this as its the first i have had this type of query?
welfare rights adviser, sefton metropolitan borough council, liverpool. Member since 22nd Jan 2004
RE: tax credits and criminal injuries Fri 16-Oct-09 03:21 PM
I would assume that as long as it is a geuine one off payment and not payments of income rolled up as a payment of capital then it would count as capital and not be taken into account.
Welfare Rights Officer, Derbyshire County Council Welfare Rights Service Member since 25th May 2005
RE: tax credits and criminal injuries Fri 16-Oct-09 03:39 PM
If it is a one-off lump sum payment I would assume that it will be treated as capital and, therefore, not figure for tax credit purposes, apart from any future interest received from it