'Pocket money' | AccountingWEB

'Pocket money'


A mother pays her son (an adult) £400 per month as 'pocket money' to help ends meet whilst he is living in London.  The money is paid out of taxed earnings so there is no problem for the donor.  She is just wondering if there may be a problem, or a limit, for the recipient.  The son is earning some money but not enough to survive. Thanks for any assistance.

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Dont quote me ...

Old Greying Accountant |
Old Greying Accountant's picture

Agree with OGA

taxhound |
taxhound's picture

Benefits issue

watercleaves |

Standard of living

cfield |
cfield's picture