Carers Allowance/Pension Lump Sum

Confite
Confite Online Community Member Posts: 2 Listener
edited October 2021 in Benefits and income
I am in receipt of Carers Allowance for looking after my husband.  I am approaching my 60th birthday and have a private pension that is due to mature.  There is a lump sum of £11000 approx, which I am considering taking about 8500 this tax year and the remainder next tax year.  I do not have any other income besides the Carers Allowance.  If I add the Carers Allowance that I have had this year (only since July) and the £8500 of the lump sum. That should keep me below the tax threshold.  But would it affect the Carers Allowance for this financial year/next

Comments

  • Antonia_Alumni
    Antonia_Alumni Scope alumni Posts: 1,764 Pioneering
    Hi @Confite

    Welcome to the community and thank you for sharing this with us. Some of members will be able to answer this question for you.
  • poppy123456
    poppy123456 Online Community Member Posts: 64,456 Championing
    Hi,

    I think you need to get further advice regarding this as even though my benefit knowledge is very good i'm unsure of the answer to this because it's a tax question, rather than a benefits question.

    For the pension lump sum, does your husband receive any means tested benefits?
  • Confite
    Confite Online Community Member Posts: 2 Listener
    Hi 
    my husband receives attendance allowance high rate, state pension and a small private pension, no their income

Categories