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Want to declare savings but worried

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Hi,
I have savings of £1200. I had it for eight years. DWP don't know about it and I want to declare it but I'm afraid of what will happen. I get ESA and I didn't mention it on the form.

Thanks

Comments

  • Alice_Holt
    Alice_Holt Posts: 6,094 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Savings need to declared when over £6,000.

    https://www.entitledto.co.uk/help/savings
    Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.
  • TELLIT01
    TELLIT01 Posts: 18,028 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    All savings should have been declared when the claim was made, but £1200 will not affect your entitlement to ESA or the amount you will get. You will not be in any trouble.
  • But if I call them and tell them won't they say why did you lie and not mentioned it on the form?
  • elmer
    elmer Posts: 936 Forumite
    Part of the Furniture 500 Posts Photogenic
    You dont need to tell them until your savings reach £6000 so dont worry about calling them.
    However if you feel you have to, they won't ask about the form, they will just record that now you have £1200.

    elmer
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