What changes to my circumstances do I need to advise the DFA on?

The DFA is to be updated, within ten (10) working days, about any material changes, which includes the following changes that may require the household to be reassessed (this list is not exhaustive):

i.              Persons joining or leaving the household (e.g. following marriage, civil partnership or other form of relationship, divorce, births, deaths, incarceration, hospitalization, and care facilities)

ii.             Any change in income (increase / additional, decrease) within the household

iii.            Household’s savings exceeding the maximum allowed threshold

iv.           Transferring ownership or selling assets by any person within the household, including vehicles, bank accounts, real property, cash, stocks, bonds, or mutual funds.

v.            Becoming a business owner, director, or shareholder

vi.           Receiving a pension payout

vii.          Receiving an insurance payout

viii.         Household member(s) travelling outside the Islands

ix.           Any other changes that may affect the household's financial status and/or make-up.