inheritance and jsa

worried-me

Hi, 1st of all can I say I do not expect to live on JSA is I have savings! but here is the deal!

I am currently on JSA thought it was IB but told by JC+ it is CB although they pay my SMI and council tax! My mother has died and I am due tro inherit some thousands of pounds. I do however, need a new car to take kids to school (single dad) and have some hefty debts (non priority) on DMP's that I was going to pay off. However, I'm told by JC+ that if I do this even though I will not actually have any savings or inheritance left I will not continue to get any JSA as I would be expected to live in the inheritance.

I'm going to call them weds to declare when I am set to get the money questions are :-

1. Thought I would still get CB JSA as on-line direct.gov calc says I will even with 25K SAVINGS (which I won't have) - any thoughts on this; if I do will I lose SMI and council tax ?

2. If I get no JSA whatsoever when I run out of money (or it is below 5,500?) can I get JSA again ? (will have only been on it 6 mths) and will it then be JSA IB - if so will they be expect the money a certain amont of time ? i.e. 6 mths ? and when should I apply

Thanks

worried-me

sorry forgot to say online info states you can still get IB JSA even if you have savings up 16,000!

worried-me

... sorry yet again - will this also mean I will lose CTC or it be reduced as i thought it was based on earnings ? and if not will it affect it next year as I know it works a year behind.

RAS

CAn you hit the edit button?

Deprivation of capital is a very difficult issue and a lost of complete crap is given out here, frightening the life out of people.

The limits for different benefits vary from £6,000 to £16,000.

A brand new car might be considered deprivation, a newer one than you have, maybe not.

real1314

RAS wrote: »

CAn you hit the edit button?

Deprivation of capital is a very difficult issue and a lost of complete crap is given out here, frightening the life out of people.

The limits for different benefits vary from £6,000 to £16,000.

A brand new car might be considered deprivation, a newer one than you have, maybe not.

When you are already claiming, upgrading a car for no other reason than that you have a new load of cash might well be seen as deprivation.

OP, the limit is £16k, although anything above £8k (?) has an effect on the amount you would get.
Spending the cash as you please will result in a deprivation decision in all likelihood, and trying to determine what is ok is difficult as it depends very much on the circumstances involved, which are likely to be too complex to provide solid reliable advice on an internet forum.

If you want to give plenty of info on your situation, people might be able to give some advice, but it's dangerous to rely on it.

You'd need to state:-

How much savings you will have.
What your various incomes are.
What your family unit is comprised of.
What your mortgage value is.
What debts you have - types, interest rates, payments due each month.

And then probably a lot more too. :cool:

viktory

I have said this over and over again - deprivation of capital is taken very seriously by the DWP. If they feel you have deprived yourself of capital they WILL lower the level of benefits you are entitled to. Best advice anyone can give is for you to write to the DWP, explain and ask for their advice. Get everything in writing and keep all receipts. The limits for means tested benefits start at £6k - £16k. Over £16k entitlement to means tested benefits stops.

DX2

worried-me wrote: »

1. Thought I would still get CB JSA as on-line direct.gov calc says I will even with 25K SAVINGS (which I won't have) - any thoughts on this; if I do will I lose SMI and council tax ?

2. If I get no JSA whatsoever when I run out of money (or it is below 5,500?) can I get JSA again ? (will have only been on it 6 mths) and will it then be JSA IB - if so will they be expect the money a certain amont of time ? i.e. 6 mths ? and when should I apply

Thanks

I can't see why you think you are on CBJSA? You had been on IS for 18 months before they (JCP) switched you over to JSA.

worried-me wrote: »

you both seem to have got the wrong end of the stick here; I am a single dad of 2 made redudant from working full time as single parent and have been on INCOME SUPPORT for 18mths, now swapped to JSA by gov.

I am retraining so am doing all I can - please look aty my question is the 18mths income support now counted as part of the 104wk rule???

So one can assume you are on IBJSA. And as such any income you get will reduce your JSA entitlement and your SMI and your CTB.

Your CTC won't be affected, you only have to declare the interest on your savings and even then IIRC it's interest over £300.

rogerblack

worried-me wrote: »

Hi, 1st of all can I say I do not expect to live on JSA is I have savings! but here is the deal!

I am currently on JSA thought it was IB but told by JC+ it is CB although they pay my SMI and council tax! My mother has died and I am due tro inherit some thousands of pounds. I do however, need a new car to take kids to school (single dad) and have some hefty debts (non priority) on DMP's that I was going to pay off.

I posted some information about paying off non-priority debts and deprivation of capital in the thread https://forums.moneysavingexpert.com/discussion/3161440 - probably worth a look.

There have been some decisions that paying off credit card (for example) debts was reasonable.

(this specific case I mentioned would not apply if the interest on the DMP has been frozen, as I understand it.)

But as others have said - contact the DWP first, after reading the decision makers guide about capital I refer to in the other thread - and see if anything you plan to do is OK.
It's probably better to do this in writing.

As a final point - any expenditures that a prudent person, careful about their money, who came into a large amount of money while on JSA(IB), without knowing it affected their rights to it would not make, are likely to be very hard to justify.
(this is not the test in law)

Dufc_3

Hello all, sorry to bump an old thread, but would rather use information on this thread to forward my question.

Firstly i claim JSA, and had an interview with customer compliance a few months ago due to an unrelated circumstance change, that i naively didn't tell them. Therefore I am here to ask for advice on possible changes that may affect my benefit, I have 800 odd pounds of bonds money received from a death of my grandmother. It is now as a cheque but I will need to cash it in to my bank initially, and the sooner the better as am going to use it to help fund a car. Do i need to tell the jobcentre of this? As i read somewhere it would need to be over £8000? I don't think it would necessarily affect my benefit, but don't want to go through customer compliance again or even worse! And advice or clarity is welcome.

nannytone_2

you need to inform them of savings of 6k or more.

under this amount, and you are free to use the money as you wish without informing DWP

rogerblack

Would the 800 pounds at any time since you came to possess it, added to your other capital, have approached 6000 pounds?
If not, you do not need to contact them.