• Search
  1. Forum
  3. Members forums
  5. ESA, PIP, UC and DLA Queries and Results
  7. savings
× Members

savings

More
1 day 10 hours ago #308096 by Rox
savings was created by Rox
hi, one last quick question....

i have some money in my savings accounts that i have saved up from receiving UC, do i need to declare this i am wondering? (it is under £1000)

Thank you again

Sarah

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

More
1 day 5 minutes ago #308118 by latetrain
Replied by latetrain on topic savings
Hi Rox

As stated in your previous question you need to report any saving over £6k as this will affect you UC entitlement.

Between £6k and £16k for every £250 bundle or part of, you will loose £1.00 in tariff income. Once you go over £16k you will loose all entitlements to any means tested benefits.

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

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

Moderators: Gordon, latetrain, BIS, Catherine, Chris, David, Angel
  1. Forum
  3. Members forums
  5. ESA, PIP, UC and DLA Queries and Results
  7. savings
We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.

Ok Decline
More about cookies