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HB and compensation
Would a personal injury lump sum payment for a car accident be disregarded for 52 weeks as capital for HB. Tenant has been awarded £20k. I know the rules around deducting for the sum an amount for benefits paid for loss of earnings etc just a bit unsure about the lump sum and capital issue?
Would a personal injury lump sum payment for a car accident be disregarded for 52 weeks as capital for HB. Tenant has been awarded £20k. I know the rules around deducting for the sum an amount for benefits paid for loss of earnings etc just a bit unsure about the lump sum and capital issue?
Yes, it would, I am assuming from your post there is no trust? If there is, or a trust is created before the 52 weeks expires, then it is an indefinite disregard.