Old Age Care Fees Assessment
Example 1: Residential Old Age Care Home Fees Calculation - Low Income and Low Assets
Mary has £3,000 capital in savings and a pension income, including state and private pension income of £140 per week. Old Age Care Home Fees are £350 per week.
Capital Assessment: Capital is Ignored as it is below threshold.
Old Age Care Fees Calculation:
Total Weekly Cost In Old Age Care Home plus Personal Expenses Allowance
Less Assessed Income
= Local Authority Contribution towards old age care fees
£350 per week plus £21.15 per week = £371.15 per week
Less £140 per week
= Local Authority Contribution - £231.15 per week.
Request expert advice about old age care fees assessment today and about protecting your wealth and planning for care.