Carers Allowance means test - effect of rental property

[hippy1975]

Hi,

Does anyone know how having two rental properties (yes, I know, don't ask me) would effect your means test for carer's allowance?

The rental income on the two properties combined is 550 lower each month than the mortgages, so we don't have an income from them as such, and they're both in negative equity so aren't assets either, but how do DSP look at it?

I'm hoping they don't just look at the income without taking into account the costs, does anyone know? I'm trying to find a way I can leave my job and survive on the carers allowance so I can look after my brother who is terminally ill, and trying to figure out if I would pass the means test.

I would have no other income, although my husband earns 50k

Thanks all

 

[hippy1975]

I may just have answered my own question...while looking into carer's leave, I see a reference to carer's benefit, which doesn't mention means testing, and I would have the prsi contributions for this, so the answer may be not to leave my job but take carers leave and apply for CB instead of CA....

Would still very much appreciate the input of anyone who knows, as I'm brand new to all this

 

[Black Sheep]

As you have already realized it appears Carers Benefit would be a more suitable option for you (assuming that both you and the Cared for comply with the qualifying conditions).

You are allowed to work also for up to 15 hours per week providing your earnings are within the specified limit and the person being cared for by is being looked after in your absence.

By working the allowed hours you will have a PRSI PAID contribution each week.

By not working (and in receipt of carers Benefit only) you will receive a PRSI CREDIT