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ESA: should we declare gifts and monies received?
TOKEN4GOOD
Member Posts: 2 Listener
I AM NOT SURE IF PEOPLE ON ESA MUST DECLARE GIFTS AND MONIES RECIEVED
MY BROTHERS GAVE ME SOME CASH AND I REPAY THEM MONTHLY
SO WHAT MUST WE REPORT PLEASE
MY BROTHERS GAVE ME SOME CASH AND I REPAY THEM MONTHLY
SO WHAT MUST WE REPORT PLEASE
Replies
If you get contributory ESA only then you don't need to worry at all. If you get income-related ESA, then I don't think you need to declare this either - it sounds like these are voluntary payments made on a regular basis, & these types of payment are ignored.
It's also arguable that this isn't income at all, as you pay them back, so you don't have the extra money for any significant length of time.
Will