Aengus Ó Snodaigh
Question:128. Deputy Aengus Ó Snodaigh asked the Minister for Social Protection if a person's holiday home is taken into consideration under the means assessment when applying for disability allowance. [8858/17]
View answerWednesday, 22 February 2017
Questions (128)
Written answers
In the case of means-tested payments from my Department, such as disability allowance (DA), applicants are assessed with any cash income, property other than the home, and capital (such as savings, shares and investments). For all means-tested schemes, there is an initial amount of capital that is disregarded for means assessment purposes. For most schemes this disregard is €20,000 but, in the case of DA, it is €50,000. This ensures that a DA applicant with €50,000 in savings (and no other means) can be assessed as having nil means and, as a result, receive the maximum rate of DA.
Capital (savings and investments) and the value of property owned but not personally used or enjoyed is assessed as means. Where capital or property is assessed on this basis, any income received from its use (e.g. interest on savings, dividends from shares, rent from property) is not assessed as cash income.
I trust this clarifies the matter for the Deputy.