Correct. If you go over €38.478 in savings, you immediately lose your renters benefit. No taper, just a hard drop-off. You can lose up to €5.000 in renters benefit a year.
A legal tax avoidance is to just buy a €1000 TV if you are near the limit. Yes that is as crazy as it sounds but people do it.
This is true in the US too. I know people who are disabled here who can not find a job because if they start making minimum wage they loose all their benefits.
A legal tax avoidance is to just buy a €1000 TV if you are near the limit. Yes that is as crazy as it sounds but people do it.