I recently informed UC of receiving an inheritance which took me over £16,000. During same assessment period I paid off some debt which took me below £16,000.
My question is do UC include benefit payments as savings as potentially these could take me again over the £16,000 limit during an assessment period ?
If you don't spend your monthly UC payment within 30 days and then add it to your savings pot which then exceeds £16k, your UC claim will be closed. It should not be difficult to spend it as for instance gas and electricity suppliers are keen to take larger payments during the winter to shore up the account.
David
Nothing on this board constitutes legal advice - always consult a professional about specific problems
