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Remaining on ESA for NI credits
- jmaok
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6 years 4 months ago #202620 by jmaok
Remaining on ESA for NI credits was created by jmaok
Just a hypothetical question, so hopefully this is allowed.
If a person's capital goes over the £16k limit, can they remain on ESA in order to receive the NI credits towards their pension?
Or does going over the £16k mean they would lose their right to to any aspects of ESA? Even if the capital was expected to dip back under £16k after several months.
If a person's capital goes over the £16k limit, can they remain on ESA in order to receive the NI credits towards their pension?
Or does going over the £16k mean they would lose their right to to any aspects of ESA? Even if the capital was expected to dip back under £16k after several months.
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- Gordon
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6 years 4 months ago #202631 by Gordon
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by Gordon on topic Remaining on ESA for NI credits
Jmaok
Going over the £16,000 limit removes entitlement to payment not your eligibility for ESA, so you would continue to receive NI Credits until your savings and assets drop below the limit again.
Be aware there is also a £6000 limit as well, see
Asset and savings rule for ESA(IR)
Gordon
Going over the £16,000 limit removes entitlement to payment not your eligibility for ESA, so you would continue to receive NI Credits until your savings and assets drop below the limit again.
Be aware there is also a £6000 limit as well, see
Asset and savings rule for ESA(IR)
Gordon
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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- lisak02
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6 years 4 months ago #202639 by lisak02
Replied by lisak02 on topic Remaining on ESA for NI credits
Gordan is the loss of esa payment only for esa (ir) if you have savings of this amount ?
I thought esa (cb) there were no limits on savings .
I thought esa (cb) there were no limits on savings .
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- Gordon
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6 years 4 months ago #202644 by Gordon
Yes, the rules only applies to ESA(IR) and not ESA(CB).
Gordon
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by Gordon on topic Remaining on ESA for NI credits
lisak02 wrote: Gordan is the loss of esa payment only for esa (ir) if you have savings of this amount ?
I thought esa (cb) there were no limits on savings .
Yes, the rules only applies to ESA(IR) and not ESA(CB).
Gordon
Nothing on this board constitutes legal advice - always consult a professional about specific problems
The following user(s) said Thank You: jmaok
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- jmaok
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6 years 2 months ago #205953 by jmaok
Replied by jmaok on topic Remaining on ESA for NI credits
I miissed you'd replied to this Gordon. Thanks for the clarification.
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