Supplementary SW CWO, Land Value, rental income €2k pa.

J

justenq

Guest
I am applying for supplementary welfare.

I own a field attached to my house that I live in, I was gifted this from my father years ago. I only made €2,000 last year letting out this field.

I have currently no income. I am filling out my form, it says do you own land or property other then your home, so would this be yes for me?

How is the land valued is this valued as income I have made from it or how is it valued? Will this delay or reduce my payment?

Advise very much welcome
 
If land is not personally used and enjoyed (ie, you are not living on it), then it is assessed at its capital value, ie the value that you would get if you sold it. You will have to submit evidence of the value, and it will be assessed against you.

For Supplementary Welfare Allowance the first 5,000 Euro is disregarded. The next 10,000 Euro is assessed at 1 Euro per 1,000, the following 25,000 is assessed at 2 Euro per 1,000 and the balance is assessed at 4 Euro.

This means that if the sale value of the land is say 40,000 Euro, you will lose 60 euro from any claim that you may be entitled to. You'll lose 4 euro for every 1000 that the value is above the 40k.

If you were able to persuade the Community Welfare Officer that this land was part of your residence (which seems unlikely), then it would be land that IS personally used or enjoyed, in which case you would be assessed at the rental value, ie the 2,000 Euro. This would be divided into a weekly sum, and therefore you would lose 40 Euro from your claim.

For more details on how means assessment works for SWA payments see here http://www.welfare.ie/EN/OperationalGuidelines/Pages/swa_meansass.aspx
 
My house is built on this land the field is next too it so woud this still not be my property or state it was? :/ I would be left with absolutely nothing
 
Would my land be valued or would it be this
(b) Letting of farms.

The income from land let, sub-let or leased is assessed as follows:
Where a claimant is the lessor of a farm of land (including an eleven months letting, letting on conacre, letting in agistment) the value of the property is not assessed under Rule 1(1), but the yearly value of any advantage accruing from that leased land is assessed under Rule 1(3).
Necessary expenses actually incurred by the owner (e.g. fencing or fertilising between lettings) may be deducted from the gross rent received.
Where a claimant is the owner or tenant of a farm of land and lets or sub-lets the farm to another due to illness or old age and receives part of the rent in kind instead of cash, the total benefit from the holding should be assessed.
ExampleClaimant owns farm of land valued at:€200,000The farm is let at an annual rent of : €5,000A necessary expense for fencing was incurred by the owner:€500The total benefit of the holding for that particular year€4,500​
 
Seems from that guideline that the land would be assessed at the rental value, minus any expenditure. Those farming guidelines are pretty complex though. You should certainly ask for the land to be assessed on the rental value if this would prove more beneficial than having it assessed at capital value.
 
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