Which capital assets are excluded from a Local Authority Financial Assessment for care? 

In a financial assessment for care some capital assets are excluded, but which ones?
In assessing what you can afford to contribute to the cost of your care, a local authority must apply the upper and lower capital limits as set out in the regulations. The upper capital limit is currently set in England at £23,250 and the lower capital limit at £14,250 for the 2021-2022 tax year.
Not all of your capital assets will be taken into account for the financial assessment, so I will explain the main rules of what is excluded in this video. However, there is a huge amount of detail and various exemptions and conditions, so I suggest you follow this link for more specific details and/or clarification: www.gov.uk/gov...
Links to other videos:
New health and social care plans for England announced September 2021: • New health and social ...
Financial Assessment video: • The Financial Assessme...
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