All this budget talk about ISAs makes me think I should start one. However I am on ESA and am not sure if the DWP would disregard any money in an ISA for their means testing.
Can anyone kindly advise on the situation regarding this. Thank you.
(PS: I have made sure I do not have more than £6,000 capital and I do not have any income.)
[quote="Finni " post=118938]All this budget talk about ISAs makes me think I should start one. However I am on ESA and am not sure if the DWP would disregard any money in an ISA for their means testing.
Can anyone kindly advise on the situation regarding this. Thank you.
(PS: I have made sure I do not have more than £6,000 capital and I do not have any income.)[/quote]
There is nothing stopping a benefit claimant investing in an ISA, however, it is still regarded as capital in regard to any means tested benefit.
Gordon
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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