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Housing benefit, change of circumstances reporting

As an OAP I claim housing benefit which nearly covers half my rent on a council flat.
I am aware that I need to report any changes in income/savings to my local authority but I am perplexed by a phrase they use which is:
  If your (or your partner’s) savings go down significantly because you had to spend some.

My question is what is a significant amount?
To one person it might be £20 to another it might be £100 and to another it might be £500.

Plus do you have to declare what you have spent it on?

Any advice?

Comments

  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Savings below £10,000 are ignored. Above that there is a reduction for every £500, or part thereof. So the significant changes are going across the £500 bands. 
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
  • @ calcotti.
    Thank you for your prompt reply, it is most helpful.

    Can I ask you one more question?
    My State Pension increases by 2.5% in April as it does for all OAP's.
    Do I need to report this change of circumstances to my local authority or is it done automatically via government departments?
    Thanking you.


  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 13 March 2021 at 8:56PM
    Fairly sure local authority will know about changes to your SP.  When you get your next HB statement check what they have included.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
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