BoldonLad
Not part of the Elite
- Location
- South Tyneside
Seems to include all taxable earnings
so include State Pension and interest payments etc
but seems to be per household
so 2 people at one address and both get half
cutoff seems to be absolute - so 34999 and your OK - 35001 and your not - dunno about exactly 35000
There should be a fuller explanation out tomorrow I suppose - plu sthe people who study this sort fo thing will have had time to look at it by then
e.g. Martin Lewis, Age UK etc etc
There is a tax free interest allowance, not sure what it is (£1000pa I think).
In the stuff I have read (BBC Website), the allowance is given as £200 or £300 per household, no explanation as to what qualifies you for £300 vs £200. However, before the WFA was means tested, by Rachel Reeves, we were getting £200 EACH, ie £400 per household (at that time, we were a household of two 76 year old State Pensioners, not entitled to Pension Credit)
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