Login FormClose

Free, fortnightly PIP, ESA and UC Updates

Our fortnightly bulletin, with over 80,000 subscribers, is the UK's leading source of benefits news. Find out what's changing, how it affects you and how to prepare. Our mailing list is securely managed by icontact in the US.

Welcome, Guest
Username: Password:
Remember me
Members
  • Page:
  • 1

TOPIC: SUPPORTED PERMITTED WORK AND THE £16,000 SAVINGS L

SUPPORTED PERMITTED WORK AND THE £16,000 SAVINGS L 3 weeks 4 days ago #236426

When DWP calculate your savings do they include money earned from Supported Permitted Work? I know it is disregarded but what if it accumulates in an account? Are you supposed to spend the money?
For example, I read in the Disability Rights Handbook that although PIP is disregarded if you save it up, say for a wheelchair, it can be counted as capital… Is it the same PW or SPW?
Thanks.

Please Log in or Create an account to join the conversation.

SUPPORTED PERMITTED WORK AND THE £16,000 SAVINGS L 3 weeks 3 days ago #236435

Hi Waxi

Capital includes savings, investments, some lump-sum payments and the value of property and land(but if you own the home you live in, the value of your home, garden, garage and outbuildings is not taken into account). Certain types of capital can be disregarded such as money set aside for special purposes such as proceeds of the sale of your former home if you intend to use this to buy another home, compensation for personal injury if it is held in trust, benefir arrears paid in the last 12 months. If you are self employed , any assets used wholly or mainly for your business are disregarded.

It would make no difference PW or SPW, if you are of working age and have savings over £6k then your means tested benefits may be affected, (tariff income).

Gary

Please Log in or Create an account to join the conversation.

Nothing on this board constitutes legal advice - always consult a professional about specific problems

SUPPORTED PERMITTED WORK AND THE £16,000 SAVINGS L 3 weeks 2 days ago #236466

Thank you. I am not in receipt of any income related benefit at the moment, just CB-ESA and PIP as have savings over £16,000. But that would reduce in time and I just wanted to know if the permitted work/SPW money counts. Looks like it would.

Please Log in or Create an account to join the conversation.

SUPPORTED PERMITTED WORK AND THE £16,000 SAVINGS L 3 weeks 1 day ago #236501

Hi waxl

If you saved the PW/SPW money then it would go into the savings pot. If you have savings over £16k then you would not be able to claim SDP.

Gary

Please Log in or Create an account to join the conversation.

Nothing on this board constitutes legal advice - always consult a professional about specific problems
  • Page:
  • 1
Moderators: GordonGaryBIS