We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Compensation While On Benefits
Tidzyp0p
Posts: 52 Forumite
Hi was wondering if any one could help me.
im currently on income support and housing benefit, im due to recieve some compensation £4000 in the coming weeks and wasnt sure of the way the dwp are on this. will i need to declare this to the dwp and if so will it affect the amount of benefit i recieve, any help would be much appriciated
Thanks
im currently on income support and housing benefit, im due to recieve some compensation £4000 in the coming weeks and wasnt sure of the way the dwp are on this. will i need to declare this to the dwp and if so will it affect the amount of benefit i recieve, any help would be much appriciated
Thanks
0
Comments
-
Hi was wondering if any one could help me.
im currently on income support and housing benefit, im due to recieve some compensation £4000 in the coming weeks and wasnt sure of the way the dwp are on this. will i need to declare this to the dwp and if so will it affect the amount of benefit i recieve, any help would be much appriciated
Thanks
You only need to declare it if it takes you over the £6000 IS savings limit, if it does it will be disregarded for 52 weeks if its a PI payout.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards