Bank Charges Not Allowed on Certain Benefits!

Discussion in 'The Intelligence Cell' started by AIR FILTER, Jun 30, 2013.

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  1. Under Section 187 of the Social Security Administration Act 1992

    There is an Act of Parliament which over-rides banks taking charges from your account if you are in receipt of any of the following benefits.

    • Income Support
    • Tax Credits
    • Child Benefit
    • Job seekers allowance
    • Incapacity benefit
    • Disability living allowance
    • Attendance Allowance
    • CSA payments

    These social security benefits are granted to stop hardship and are designed to meet basic day to day needs, and are exempt and are protected under the Social Security Administration Act 1992 subsection 187. from arrestment in terms of section 187 of the Social Security Administration Act 1992.

    Section 45 of the Tax Credits Act 2002 Chapter 21 part 1 is an identical provision to the said section 187 of the 1992 Act. This stipulates that the banks can not apply any charges to money received as benefit, and any such charges are unlawful and therefore disallowed.
  2. What is your point? If indeed you have one.
  3. An outrage thread? How novel.
  4. Learn to budget or get a job.
    • Like Like x 1
  5. I wish I could filter the air from this ***** life. I'd start by filtering all the ******* oxygen.
    • Like Like x 3
  6. Stop the benefits, leave them to 'Choose work, choose life'.
  7. He's wrong anyway and its legal (maybe not moral) to take charges from a persons current accounts available (or otherwise) balance, what banks cannot do is approach those paying your benefits and intercept funds to pay it's charges - however once that money is in your current account it becomes fair game - but what would I know...
  8. 'The purpose of the Social Security Administration Act 1992 Section 187 and section 45 of the Tax Credits Act 2002 is to prevent people’s benefit money being at risk by it being assigned over to a third party in settlement of a debt. It is not intended to prohibit the application of bank charges. Bank charges are in the nature of an expense, and are incurred by the holder of the account; tax credits and benefits are payable in order to help customers meet their expenses, and as such it is legitimate for banks to deduct charges from the balance of an account held in that bank, whether the money paid into the account comes from tax credits, benefits or other sources, such as earnings.'

    Benefits and the Social Security Administration Act - Consumer Wiki
    • Like Like x 1
  9. I tried putting some fresh parsley in my egg mayonnaise sandwich today. Not as good as cress IMHO.
    • Like Like x 1
  10. Brotherton Lad

    Brotherton Lad LE Reviewer

    So, a short thread, then?
  11. I fully agree and it also needs plenty of salt. I like the egg quite chunky.
  12. Outrage and walt-hunting?

    Oh, wait. That would be a Short thread.
  13. I'm having beef and chicken fajitas, not mixed but some beef and some chicken fajitas. Probably have a few Desperados and a couple of tequilas.
  14. I'm having Jersey royals, chopped spring greens and sirloin steak in a mushroom and cream sauce.