Please bear with me here.
I think we may have been underpaid. Our award was finally given last week after almost 3 months since submitting the claim.
We have been awarded £45 PW for X weeks, then £115, then £138, the £148 which is our current allowance.
I am self employed and pay £875 PCM in commercial rent. They have allowed for this when working out my monthly profit but I do not think they have allowed for it in terms of capital.
For example I had 5k savings which 2k is towards commercial rent.
Earnings in a month 1k, minus expenses = about £250
HOWEVER I didnt take a further 1k every month so my own capital is going to be reduced because of the commercial rent.
I am also doing work to my commercial premises, is this taken into consideration.
My partner also accepted a number of material payments through his account that then got passed onto the company. The assessor said that for the 2 weeks he had £1200 in material payments our entitlement is less, even though it goes back to normal once he has transferred it to the company. They can see it is not earnings and haven't questioned that but what I do not understand is how our entitlement can be reduced for X amount of weeks while the money is held in his account.
Can anyone shed light on the rules here please?
We have already explained to the council that my partner is employed by his fathers business, who asked my partner to receive a few material payments through his accounts until they was ready to purchase the materials (which is when he would transfer it to the company account) to keep the brothers hands off it as he was helping himself to money and causing the business problems and it takes a certian amount of time to get the brother off the account.
Also, at one point we borrowed 1k so it took our combined capital from 6k to 7k but that was because the housing benefit hadnt gone through so we borrowed the rent. What I also cannot understand is if we borrowed the 1k 3 weeks before our rent was due, how that means for those 3 weeks were classed as having 7k capital and therefore received only £45pw in entitlement. This money has to be paid back in full, yet we only got £120 odd from the council for that month because we had to borrow the rent!
The reason we didnt use our own capital and borrowed was because it is essential for my business that it stays put, we knew we would get the HB and therefore be able to re-pay but wasnt sure when so we borrowed from the company.
Can anyone clarify the rules on calculating capital ect. Thank you
I think we may have been underpaid. Our award was finally given last week after almost 3 months since submitting the claim.
We have been awarded £45 PW for X weeks, then £115, then £138, the £148 which is our current allowance.
I am self employed and pay £875 PCM in commercial rent. They have allowed for this when working out my monthly profit but I do not think they have allowed for it in terms of capital.
For example I had 5k savings which 2k is towards commercial rent.
Earnings in a month 1k, minus expenses = about £250
HOWEVER I didnt take a further 1k every month so my own capital is going to be reduced because of the commercial rent.
I am also doing work to my commercial premises, is this taken into consideration.
My partner also accepted a number of material payments through his account that then got passed onto the company. The assessor said that for the 2 weeks he had £1200 in material payments our entitlement is less, even though it goes back to normal once he has transferred it to the company. They can see it is not earnings and haven't questioned that but what I do not understand is how our entitlement can be reduced for X amount of weeks while the money is held in his account.
Can anyone shed light on the rules here please?
We have already explained to the council that my partner is employed by his fathers business, who asked my partner to receive a few material payments through his accounts until they was ready to purchase the materials (which is when he would transfer it to the company account) to keep the brothers hands off it as he was helping himself to money and causing the business problems and it takes a certian amount of time to get the brother off the account.
Also, at one point we borrowed 1k so it took our combined capital from 6k to 7k but that was because the housing benefit hadnt gone through so we borrowed the rent. What I also cannot understand is if we borrowed the 1k 3 weeks before our rent was due, how that means for those 3 weeks were classed as having 7k capital and therefore received only £45pw in entitlement. This money has to be paid back in full, yet we only got £120 odd from the council for that month because we had to borrow the rent!
The reason we didnt use our own capital and borrowed was because it is essential for my business that it stays put, we knew we would get the HB and therefore be able to re-pay but wasnt sure when so we borrowed from the company.
Can anyone clarify the rules on calculating capital ect. Thank you