I had a family member die and I was left a sum of money which I’ll be receiving this year I guess. Please can someone explain to me the exact steps I need to take to ensure I do this correctly. The money will take me over the 15k threshold.
What I plan to spend my money on will knock me below that, quick back story. I was homeless for 2 years 1 year street and 1 year in a hostel. I was housed in 2023 and it was a new build. I wasn’t allowed to decorate for 2 years and now I can, I plan to spend my money decorating on a fridge freezer, mine is on its last legs and came from a garden, I’d like a tv also and a mattress which also came from a garden. I’d also like to buy some kitchen appliances, I’m going to keep all my receipts for proof of what I’ve bought. Would this be classed as deprivation of capital? My furniture also came from a homeless charity and I’d like to buy a new sofa. I think my assessment period runs 17th-18th I feel within a week of purchasing these items I’ll be under the 15k. When do I report it? What steps do I do? I also have autism and like to have my ducks in order so to speak so I know exactly what I’m doing and the steps to take so it’s all correct. Any help or guidance on this is most welcomed