| Forum Home | ||||
| PC World Chat | ||||
| Thread ID: 119975 | 2011-08-19 08:09:00 | Benefit changes | Nomad (952) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1224436 | 2011-08-19 08:09:00 | We heard about the Payment card but I am surprised why in the long term at least benefits are not asset tested :confused: like 10yrs (collectively and then give them 2yr non stop more). They can choose to keep the assets and no payment or sell them off use it up until $50,000 for example on a "plan" so they cannot use up a $500k house in 6 months :D Maybe 100k per year. | Nomad (952) | ||
| 1224437 | 2011-08-19 20:40:00 | We heard about the Payment card but I am surprised why benefits are not asset tested They are. |
pctek (84) | ||
| 1224438 | 2011-08-19 21:33:00 | But people can hide assets in other names | gary67 (56) | ||
| 1224439 | 2011-08-19 22:01:00 | So someone who has worked to get a nice house has to sell it and live in shoe-box on side of road? | Whenu (9358) | ||
| 1224440 | 2011-08-19 22:17:00 | So someone who has worked to get a nice house has to sell it and live in shoe-box on side of road? No, you can own a house and claim a benrfit |
plod (107) | ||
| 1224441 | 2011-08-19 22:18:00 | So someone who has worked to get a nice house has to sell it and live in shoe-box on side of road? Of course not... a brown paper bag in the middle of the road was what we had because we were so poor. (apologies th Monty P) Ken :devil |
kenj (9738) | ||
| 1224442 | 2011-08-19 22:45:00 | They are. @ Nomad. Yes they definitely are. Have you never heard the term "Asset rich, income poor"? I own my house and on a benefit, Oops, I cannot afford to go to the Dr, perhaps I better sell my house and apply for an accommocation allowance when I rent somewhere? :D LL |
lakewoodlady (103) | ||
| 1224443 | 2011-08-19 23:01:00 | Yes we own our own house SWMBO works part time and I'm still recovering from my shoulder operation so receiving ACC which is a benefit so yes you can have assets and still be poor | gary67 (56) | ||
| 1224444 | 2011-08-19 23:03:00 | @Whenu, they can rent can't they? Why should a person who has a house fully paid off still have a benefit? @Lady; I thought the main benefit was only income tested like saving interests but the hardship benefit was asset tested like $6,000 limit? So they could just get the main benefit having many properties sitting there not rented or in a bank account that generates no interests. I am speaking about long term thou. Some countries have a hardline but for the benefit of the doubt if they had it for 5 or 10yrs ok, keep it. But long term in a single hit or collectively. |
Nomad (952) | ||
| 1224445 | 2011-08-19 23:04:00 | Yes we own our own house SWMBO works part time and I'm still recovering from my shoulder operation so receiving ACC which is a benefit so yes you can have assets and still be poor wouldn't call receiving ACC as being on a benefit. Unless you want to be lumped into that category |
plod (107) | ||
| 1 2 3 4 5 6 | |||||