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PPI Claims & Universal Credit
Legacy_user
Posts: 0 Newbie
If I was successful in claiming back PPI charges, would it be classed as income by DWP? I have been on Universal Credit for a few months now due to ill health. Would it affect previous council tax & housing benefit claims.
0
Comments
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Only if you happen to get a large amount back that would affect any benefits calculated under capital you have.
i.e. if you were one of those people who got back say £30,000 then you would now have £30,000 of savings. At your next review, you would have to declare that and any means-tested element with capital looked at would consider that.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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