Reply To: Capital to be disregarded.


My understanding and accepted by a FTT is that the original capital is disregarded but any profit made is not. I am not aware of any HB caselaw on this but I remember there is on other Welfare Benefits albeit from some years ago.

That approx £330,000 from twenty years ago could be worth millions now if well invested in property or bonds so I suspect money might pop up everywhere. There has been a huge increase in house prices since the start of the century; a couple of years saw nearly 25% increase in a year.