Carers Allowance/Pension Lump Sum
Confite
Community member Posts: 2 Listener
I am in receipt of Carers Allowance for looking after my husband. I am approaching my 60th birthday and have a private pension that is due to mature. There is a lump sum of £11000 approx, which I am considering taking about 8500 this tax year and the remainder next tax year. I do not have any other income besides the Carers Allowance. If I add the Carers Allowance that I have had this year (only since July) and the £8500 of the lump sum. That should keep me below the tax threshold. But would it affect the Carers Allowance for this financial year/next
Comments
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Hi @Confite
Welcome to the community and thank you for sharing this with us. Some of members will be able to answer this question for you.
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Hi,I think you need to get further advice regarding this as even though my benefit knowledge is very good i'm unsure of the answer to this because it's a tax question, rather than a benefits question.For the pension lump sum, does your husband receive any means tested benefits?I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.If i see a question that i know the answer to i will try my best to help.
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Hi
my husband receives attendance allowance high rate, state pension and a small private pension, no their income
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