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Receiving financial gift

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1 day 12 hours ago #313255 by JayJayCale
Receiving financial gift was created by JayJayCale
Hi - can anyone advise me on the following please? My dad wants to gift me some money, but not enough to take me above the £6000 threshold of savings I’m allowed on ESA and UC. Does anyone know if I have to declare this as income? If so will it affect my payments from UC? Any help on the subject is very welcome, thanks.

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4 hours 38 minutes ago #313292 by David
Replied by David on topic Receiving financial gift
Hi JayJay Cale

There is no problems with this as your father can give you money and as long as your total savings are under £6k then there won't be any deductions. Just keep proof of the source of the cash as all UC claimants have an annual Automated Claimant Review.

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

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