Receiving JSA - will Land inheritance affect this?

Capital and property not personally used

Capital includes property (not your home), savings and investments.
If you own property (excluding your home) or you have investments or any other form of capital, the value is assessed, using a standard formula (see below) whether or not you are getting an income from the property or investment.



If property is rented you will not be assessed on the actual income from the letting. Any outstanding mortgage registered against the property is deducted from the market value to find the capital value.


The property and investments that may be assessed include savings in a bank account (or anywhere else), a house that you have let and stocks and shares. If you or your spouse, civil partner or cohabitant saves a portion of your social welfare payment each week, these savings as well as savings from most other sources will be taken into account as part of your means.


The formula for assessing the value of capital including property (but not your own home), savings and investments is as follows:


First 20k of Capitol = Means Nil
Next 10k = €1 per 1,000
Next 10k = €2 per 1,000
Bal 40k+ = €4 per 1,000

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