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Universal Credit
Comments
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Which is what I said xD
That if they had the levels of capital they mentioned; £6112 then her UC would be reduced by £4.35 a month. If they spend some of that and went below £6k it wouldn't affect it.
You sound offended by my post - sorry if that is the case. I just thought it helpful to provide additional explanation to OP of how the notional income rule works.Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
Here is a link for the surplus earnings rule:
https://revenuebenefits.org.uk/universal-credit/guidance/entitlement-to-uc/self-employment/surplus-earnings-and-losses
Seems very complicated although I understand why it was brought in.
I do not know what would happen in the OP's situation where his surplus earnings have been used to pay off a debt - probably one for the decision maker.0 -
pmlindyloo wrote: »I do not know what would happen in the OP's situation where his surplus earnings have been used to pay off a debt - probably one for the decision maker.
The fact that they have been pent will make no difference to how they are treated for surplus income rules. Because of the £2,500 disregard I cannot see these rules impacting OP for more than two months. The exact impact depends on the maximum UC entitlement.Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0
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