Universal credit and savings.

justaquestion

Hi there everybody,

Just reading another thread on here and the poster Alice Holt (thank you) did a link to this PDF that outlines what may be considered a change of circumstances and the claimant had to apply for Universal Credit, in an area where UI has just been introduced.

https://www.welfare-benefits-unit.org.uk/wp-content/uploads/2016/03/What-triggers-a-claim-for-Universal-Credit-in-a-full-service-area.pdf

My question is if someone has savings over £16k does this count as a change of circumstances, and thus the claimant on legacy benefits such as child tax credits would have to apply for UI instead as natural migration.

From the article above.

Income and /or capital goes over different threshold
Claim !!!8216;legacy benefit!!!8217; (depending on income / capital rules) (no UI area)
Claim UC (depending on income / capital rules) (UI area)
On contribution based JSA or ESA and believes entitled to IB-JSA or IR-ESA
Claims IB-JSA or IR-ESA
Claim UC

Can't get it to format right so a look at the above PDF appreciated.
Thanks a lot for any clarification on this matter

pmlindyloo

justaquestion wrote: »

Hi there everybody,

Just reading another thread on here and the poster Alice Holt (thank you) did a link to this PDF that outlines what may be considered a change of circumstances and the claimant had to apply for Universal Credit, in an area where UI has just been introduced.

https://www.welfare-benefits-unit.org.uk/wp-content/uploads/2016/03/What-triggers-a-claim-for-Universal-Credit-in-a-full-service-area.pdf

My question is if someone has savings over £16k does this count as a change of circumstances, and thus the claimant on legacy benefits such as child tax credits would have to apply for UI instead as natural migration.

From the article above.

Income and /or capital goes over different threshold
Claim !!!8216;legacy benefit!!!8217; (depending on income / capital rules) (no UI area)
Claim UC (depending on income / capital rules) (UI area)
On contribution based JSA or ESA and believes entitled to IB-JSA or IR-ESA
Claims IB-JSA or IR-ESA
Claim UC

Can't get it to format right so a look at the above PDF appreciated.
Thanks a lot for any clarification on this matter

If you are only on child tax credits and your savings go over £16000 then you would not have to move to Universal Credit.

Is this what you mean?

justaquestion

Thanks for reply, well I do receive esa (cb) and dla, but otherwise as a couple we have no means tested benefit.

I was just concerned that the pdf that Alice linked to, stated that if an area goes live for UI then under other changes of circumstances should a claimant have more than £16k in savings, then they would need to apply for UI rather than wait for natural migration as regards child tax credits.