The Lower Capital Threshold is to increase, but does the new figure make a difference?

Jan 12, 2022

Under the social care reforms the lower support threshold, which is the amount below which an individual is not expected to use their capital to support their care, will increase from £14,250 to £20,000.

The threshold has been frozen since 2010-11 and so an increase to £18,950 would be needed to adjust for inflation – meaning that the monetary value of the change will be just £1,050.

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The Lower Capital Threshold is to increase, but does the new figure make a difference?

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