Care Means Test - Income
If your capital assets are between the upper capital limits and lower capital limits, you will be subject to a tariff income assessment (care means test) this will determine what contribution, if any, the local authority will pay towards care fees costs.
For each £250 capital between the upper and lower limit, you are deemed to have a tariff income of £1 per week.
For example, if you have capital of £3,000 above your areas lower capital limit, you will be deemed to have a tariff income of £12 per week
This will be added to your other income to determine the assessment (care means test) and contribution for your care by the local authority.
Request our advice about care means testing, protecting your wealth and planning for care.