The Household Means Policy and accompanying guidance, which sets out how local authorities should assess household means, provides savings are only relevant to the assessment in so far as they generate income for applicant households through dividends or interest.
Determining whether a household meets the income criteria when applying for social housing support is based on a calculation of their preceding 12 months net average income prior to the date of receipt of application. Net income means income tax, universal social charge, additional superannuation contribution and PRSI are deducted from the relevant gross assessable income.