Disposable Income Allowance Sample Clauses

Disposable Income Allowance. The weekly amount of income the Council can leave the person with as provided in the Regulations related to deferred payments made under the Care Xxx 0000 and anything above this may be taken into account by the Council in determining charges.
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Disposable Income Allowance. At the time of entering into this Agreement the Disposable Income Allowance as set by the Care and Support (Deferred Payment) Regulations 2014 is a maximum amount of £144.00 per week. You may retain any value up to this maximum rate. You have opted to retain an amount of [Insert rate] per week.
Sample 1
Disposable Income Allowance. You have a right to keep a proportion of your income. The ‘Disposable Income Allowance’ is a fixed amount of up to £144 a week of your income, which you can keep to pay for ongoing house insurance, property maintenance costs and to cover your weekly spending needs. If you prefer, you may choose to keep less of your income than the maximum £144 a week so that you can contribute more to the cost of your care from your income. This would mean that you could reduce the amount of your deferred payment and, as a result, reduce the amount of the interest you have to pay. During your financial assessment we will ask you how much of your weekly income (up to a maximum of £144) you want to keep. You cannot use the Disposable Income Allowance to: l top up the overall cost of the weekly care home fee; or l pay for services which the care home should normally include as part of its care package to residents. You must keep your savings and investments below the £23,250 limit in order for the deferred payment agreement to continue. If your savings and investments increase above this level you can take either or both of the following actions to reduce the amount. l Pay a lump sum off your deferred payment agreement account l Increase your weekly contribution towards your care from your income by asking for a reduced Disposable Income Allowance You will need to do the following. l Make sure your home is registered with the Land Registry. If it isn’t, you must arrange and pay for it to be registered. If another person or a company has an interest in your home, you will need to get their written permission before you can enter into a deferred payment agreement. l Have a responsible person who is able to make sure that any necessary maintenance is carried out on your home (you will continue to pay for maintenance from your Disposable Income Allowance). l Continue to insure your home at your own expense and give us evidence that there is appropriate insurance in place. l Pay your own contributions to your care costs on time. If your home cannot be insured for any reason, you will not be able to enter into a deferred payment agreement. We will charge fees to arrange and manage a deferred payment agreement. The fees are simply to cover our costs and not to make a profit. They will meet the costs of legal fees, property valuation, Land Registry fees and administrative costs. If you want to apply to us for a deferred payment agreement, you must send a one-off administration charge...
Sample 1
Disposable Income Allowance. Under the Deferred Payment Scheme you are permitted to retain up to £144.00 of your income per week (where your weekly income equals or exceeds this amount). Please note that this amount is inclusive of the statutory personal allowance rate set by the department of health of £24.90 per week. You may decide that you do not require the full £144.00 per week and would prefer to set your own weekly allowance. (Not exceeding £144.00) Please choose one of the following options: 🞎 I would like to retain £144.00 allowance per week 🞎 I would like to retain the governments’ standard weekly allowance 🞎 I would like to retain another weekly amount (Please specify amount) £……………………………………………………………………………….. Under the Deferred Payment Scheme you are permitted to retain up to 20% of any weekly rental income generated. Please choose one of the following options: 🞎 I would like to retain 20% of the weekly rental income 🞎 I would like to retain 0% of the weekly rental income 🞎 I would like to retain the % below (Please state the percentage you would like to keep – not exceeding 20%) ……………%
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Related to Disposable Income Allowance

  • Vehicle Allowance Vehicle allowances for all distances travelled while on employer business shall be paid to employees required to use their own vehicles in the performance of their duties. This does not include travel to and from work. Vehicle allowance shall be 40¢ per kilometre. Vehicles driven on employer business will be in compliance with ICBC Regulations.

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • Gross Income Allocations In the event any Partner has a deficit balance in its Capital Account at the end of any Partnership taxable period in excess of the sum of (A) the amount such Partner is required to restore pursuant to the provisions of this Agreement and (B) the amount such Partner is deemed obligated to restore pursuant to Treasury Regulation Sections 1.704-2(g) and 1.704-2(i)(5), such Partner shall be specially allocated items of Partnership gross income and gain in the amount of such excess as quickly as possible; provided, that an allocation pursuant to this Section 6.1(d)(v) shall be made only if and to the extent that such Partner would have a deficit balance in its Capital Account as adjusted after all other allocations provided for in this Section 6.1 have been tentatively made as if this Section 6.1(d)(v) were not in this Agreement.

  • Mileage Allowance The state agrees to seek continued funding to provide for the payment of a mileage allowance for the use of privately owned vehicles for official travel at the rate provided in section 112.061(7)(d)1., F.S.

  • Aid Allowance An employee who has been appointed by the Employer and trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. Xxxx's Ambulance or similar body shall be paid weekly an allowance as detailed in Appendix A. The Employer will always appoint the appropriate number of First Aid Officers as required by relevant legislation and Code of Practice.

  • First Aid Allowance An employee who has been trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. John's Ambulance or similar body shall be paid a weekly allowance of $11.50 if appointed by their employer to perform first aid duty.

  • Cleaning Allowance The University will pay for the cleaning of Department issued uniforms and necessary work clothing requiring cleaning worn by employees assigned to non-uniformed positions.

  • Overtime Meal Allowance Employees required to work more than two (2) hours overtime consecutive with a shift shall be provided with a meal by the Employer.

  • Travel time allowance All employees shall be paid an allowance (See Appendix A) for each day on which they present themselves for work. The allowance shall also be paid for rostered days off.

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