Backdating option grants dating kp st miss z
In this case the tax sheltering effects are even more beneficial than for the older kids.
If she doesn’t want to contribute the maximum then I would suggest contributing a minimum of ,000 this year otherwise this will be the last year the child will be eligible for grants.
Recent developments in the benefits system and the asylum process mean that refugees face fresh challenges in securing the support they need to build a new life in the UK.
People fleeing their home country and applying for protection (or asylum) in the UK are generally excluded from claiming most benefits (asylum seekers are 'persons subject to immigration control' in the benefit rules).
All the above types of leave allow the person to claim benefits and tax credits on the same basis as a UK national and mean s/he is no longer a 'person subject to immigration control'.
The first three types of leave are usually given for a time-limited period of up to five years, and it is very important that an application for extension is made before the leave expires.
I don’t know if it’s worthwhile opening resps for the other 2 depending on other factors discussed.
Donna asked about “backdating” the contributions – the resp rules allow you to receive up to 0 of grants per year for past years in addition to the yearly maximum of 0 in grants for the current year contribution.Donna didn’t say anything about income but if your family income is below around k then you might be eligible for additional resp grants which could mean grants of 30% or even 40% instead of the basic CESG rate of 20%.This of course would mean more grant money for the 15 year old.I am divorced and we had to liquify our RESP 12 years ago.Since then their father had passed and left a little insurance money.