Does the amount of savings affect working tax credit you can claim?

tomocat3

Does the amount of savings you have affect the amount of working tax credit you can claim?

And will having a Help to Buy Isa bank account have any effect on your claim to working tax credit?

Neil_Jones

No and no.

tomocat3

is it universal credit which is affected by savings, not working tax credit?

poppy12345

tomocat3 wrote: »

is it universal credit which is affected by savings, not working tax credit?

Yes, savings of £6000 will affect UC £16000 and over will stop it completely.