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1 month 1 week ago #311049 by latetrain
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by latetrain on topic loan
Hi saud
Yes, it would be classed as notional capital, if your total capital is below £6k, then your UC will not be affected.
Between £6k and £16k, every bundle or part bundle of £250 over £6k you will lose £1.00 pw in tariff income. If you have over £16k, then you will lose your means tested benefits.
Gary
Yes, it would be classed as notional capital, if your total capital is below £6k, then your UC will not be affected.
Between £6k and £16k, every bundle or part bundle of £250 over £6k you will lose £1.00 pw in tariff income. If you have over £16k, then you will lose your means tested benefits.
Gary
Nothing on this board constitutes legal advice - always consult a professional about specific problems
- saud
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1 month 1 week ago #311055 by latetrain
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by latetrain on topic loan
Hi saud
£1.00 per week is equivalent to £4.33 per month. As UC is paid monthly the they would deduct £4.33 per month for every £250 bundle or part bundle over £6,000.00.
Gary
£1.00 per week is equivalent to £4.33 per month. As UC is paid monthly the they would deduct £4.33 per month for every £250 bundle or part bundle over £6,000.00.
Gary
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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