More than 2.5 million people to be moved onto universal credit from today, leaving 900,000 worse off

andrewmp

calcotti said:

andrewmp said: Capital up to £16k will lead to unearned income being included in the UC award immediately, but can also create (or increase) a transitional element.

That's what I would expect but I couldn't find evidence o confirm it which is why I was hesitant. If you've hot a link please post it.

https://www.legislation.gov.uk/uksi/2019/1152/pdfs/uksiem_20191152_en.pdf

calcotti

andrewmp said:

calcotti said:

andrewmp said: Capital up to £16k will lead to unearned income being included in the UC award immediately, but can also create (or increase) a transitional element.

That's what I would expect but I couldn't find evidence o confirm it which is why I was hesitant. If you've hot a link please post it.

https://www.legislation.gov.uk/uksi/2019/1152/pdfs/uksiem_20191152_en.pdf

I realise that sets out the stated intention. Until I see examples of the calculations I remain uncertain whether or not there will be cases in which it turns out this isn't what happens in practice!

calcotti

Managed migration currently only taking place in Bolton and Medway. (Sorry I can't post a link - the information is from a website not available without register access.)

TELLIT01

sammyjammy said:

If any of those 900,000 have over 16k in savings and/or a second property they own my sympathy is severely limited, actually non-existent

People with over £16k or a second property are highly unlikely to qualify for income related benefits.  If they exist they will be a tiny proportion of the total.

calcotti

TELLIT01 said:

sammyjammy said:

If any of those 900,000 have over 16k in savings and/or a second property they own my sympathy is severely limited, actually non-existent

People with over £16k or a second property are highly unlikely to qualify for income related benefits.  If they exist they will be a tiny proportion of the total.

There will be quite a few claiming Tax Credits only - they will lose all entitlement after one year of Tax Credits ending.
This will include many families with children.
Unfortunately I can't find statistics which show how many claimants this may involve.

sourpuss2021

Regular gifted money is disregarded for UC, isn't it?    I mean a situation where parents send their adult child money each month by standing order to top up their benefits.    

calcotti

sourpuss2021 said:

Regular gifted money is disregarded for UC, isn't it?    I mean a situation where parents send their adult child money each month by standing order to top up their benefits.   

Money you receive is ignored. Money you give away could be deprivation of capital.

sourpuss2021

calcotti said:

sourpuss2021 said:

Regular gifted money is disregarded for UC, isn't it?    I mean a situation where parents send their adult child money each month by standing order to top up their benefits.   

Do you mean you are sending the money or you are receiving the money?
Money you receive is ignored. Money you give away could be deprivation of capital.

The money is sent to me, fortunately .  I don't have any children.   

andrewmp

calcotti said:

Managed migration currently only taking place in Bolton and Medway. (Sorry I can't post a link - the information is from a website not available without register access.)

https://www.rightsnet.org.uk/welfare-rights/news/item/dwp-confirms-managed-migration-of-legacy-benefit-claimants-to-universal-credit-to-begin-in-bolton-and-medway

poppy12345

andrewmp said:

calcotti said:

Managed migration currently only taking place in Bolton and Medway. (Sorry I can't post a link - the information is from a website not available without register access.)

https://www.rightsnet.org.uk/welfare-rights/news/item/dwp-confirms-managed-migration-of-legacy-benefit-claimants-to-universal-credit-to-begin-in-bolton-and-medway

Yes, i seen that but for the same reason calcotti said, i didn't post it because without members access you can't view it.