Decision Makers Guide - DMG41008

What is capital

Examples of capital include

• NSB accounts

• Giro accounts

• Trustee Savings Bank accounts (including special investment accounts)

• Current and deposit bank accounts, for example Barclays or Lloyds.

• National Savings Certificates

• Premium Bonds

• Money saved under SAYE schemes

• Co-operative share accounts

• Stocks and shares

• Unit trusts

• Building Society accounts

• Savings held in cash

• Capital held by the Court of Protection or a Receiver appointed by that Court

• Buildings

• Land

• Fixed term investments, for example Building Society term shares

• Money invested in a business

• Lump-sum redundancy payments including any ex-gratia redundancy payment from an employer

• Money borrowed (but see DMG42026)

• Absolute entitlement to the whole, or a share, of funds held on trust, unless those funds are derived from a payment made

• because of a personal injury (DMG4400(24))

• A refund of income tax or VAT

• A refund of SS contributions

• A chose in action (DMG42030)

• Lump-sum payments of compensation

• Money held by a solicitor as agent (DMG41030)

• TESSA

• Friendly Societies.

• businesses

• capital and income bonds

• life insurance policies

• personal equity plans (PEPS)

• individual savings accounts (ISAs)