disability credit

[johnbikemad]

at present i am recieving working tax credit and the disability element side as well as i cannot work full time, my question is as my wife is going to inherite 50%of her dads estate i understand i will lose tax cedit but will i lose the disability element side as well?

[themas]

There is no limit on the amount of capital you can have while claiming tax credits, but if the income from the capital (i.e. the interest &/or dividends) exceeds �300 per year then it is treated as income to reduce your tax credit entitlement. The calculation is done on the whole entitlement so would include the disability element.