Poll Tax Question

[shylock73]

My wife, at the grand old age of 60 hasn`t worked for the last 12 years due to illness, has just had �3000.00 lump sum paid in to her bank by her private insurance group,and what we want to know is, will our poll tax be increased if our total savings exceed the allotted amount we are allowed to have without paying higher poll tax?Also, do need to inform our local council?

[loonytunes]

Assuming you are talking about the UK, there is no such thing as Poll Tax. It is therefore hard to make any meaning out of your enquiry.

[bednobs]

poll tax, or community charge hasn't existed for years

[shylock73]

Sorry, I still refer to `Council Tax` in the old idiom.

[buildersmate]

I think the old idiom was actually 'Rates'.
Council Tax assessment does not alter according to earnings.

[themas]

Are you getting Council Tax Benefit? If that is what you are referring to, then the amount of savings can have an effect - but only if the total savings of you & your wife are more than �6000.

As one of you at least is 60, the situation may be different if you are getting Pension Credit.

[shylock73]

themas, we are both pensioners on benefit, and is`nt the total savings up to �8000? Correct me if I`m wrong.

[tboo]

Please tell the council tax benefit section of this money because -
If you are receiving savings credit and the �3000 takes you over �6000 but to the limit of �16000 then your benefit will be reassessed.
If you get guaranteed pension credit then still inform the benefits but you can have more than �16000 and it wont affect you
But you say it was from a private insurance group - if it was a payment for a personal injury compensation claim then this will be ignored - if not then the above applies
please ring your local office to ask further