We may take into consideration any capital disposed of when you were likely to be aware of your involvement in litigation, if we don’t consider the reasons given justified.
If you think this may be a situation that applies to you, you can contact us on 0131 226 7061 to check if you should include the capital in this calculation. Please ask to speak to either the criminal, civil or children's assessment team depending on what type of advice and assistance you are wanting to check your eligibility for.
Add up all your capital and that of your partner (unless we do not have to consider their resources - see the help information for step 2). The calculator will work out your allowances using what you told us at step 2 above
(If you are a pensioner, you may qualify even if your capital is more than £7,405 – speak to your solicitor about this.)
Total Capital
By capital we mean money and anything else of value you and your spouse or partner (if you have one) own.
Examples of capital include
- The value of any interest in land and buildings owned after the deduction of any loans secured on them, including interests in timeshares. We do not include the home you live in.
- Money in the bank, building society, Post Office, credit union, premium bonds etc.
- Investments, stocks and shares
- Cash-in values of any policies
- Money owed to you or your spouse or partner
- Money due from the will of someone who has died
- Money due from a trust fund
- Money available from your or your spouse’s or partner’s business or which could be borrowed against the business assets
- The value of any valuable possessions such as a boat, caravan, jewellery (but not wedding or engagement rings) or items bought for investment purposes
Capital not to be included
- The house which you live in
- Tools and equipment you need for work
- The value of any property or item you have an interest in which is being sought by the opponent in the action for which your civil application relates to will be disregarded for assessment purposes. However, we will only disregard the amount/share they are putting at issue. For example if you own 50% of a house or some savings and the opponent is asking for it to be split 60/40 in their favour only 10% of your share would be disregarded for assessment purposes.