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Tariff Income and Capital rules IS
Please can someone advise me when Income Support regs were changed to tariff income being applied for savings of over £6,000?
6 October 2003 - eta as per Jon’s reply below, this was only for PC, HB and CTB if client or partner was aged 60 or over and not claiming IS or JSA.
[ Edited: 15 Apr 2014 at 01:10 pm by Paul_Treloar ]I think the main change to £6,000 was April 2006.
See reg 2(6) of http://www.legislation.gov.uk/uksi/2005/2465/regulation/2/made
For people aged over 60 the lower limit was £6000 in April 2003. I don’t have easy access to the rates before then.
Thank you, I AM sorry, I was enquiring about people under retirement age but failed to put that in original message! That is under 60.