Universal Credit Income and Staff Benefits - Season Ticket/Rent Deposit Loan

caz246

I work full time and receive a little Universal Credit as a top up. Can anyone knowledgeable please advise if I was to receive a staff benefit from my employer in the form of a season ticket or rent deposit loan that would be deducted from my salary each month, if this would then mean an increase in Universal Credit? Or would it remain the same with the loan deduction recorded by HMRC as such and reported to UC accordingly? I hope that makes sense.

Just trying to work out my finances if I were to go ahead with such a loan from my employer.

Many thanks

DE_612183

is it a loan that you pay back or a benefit in lieu of salary?

caz246

DE_612183 said:

is it a loan that you pay back or a benefit in lieu of salary?

It is referred to as a 'loan' but comes under 'staff benefit'. So they would give me the money to pay say a season ticket/rent deposit which would be deducted directly from my salary each month

huckster

Such wageslip deductions are usually shown as third party deductions on HMRC RTI reporting by employers.  UC ignores these third party deductions on the basis that you have received the amount as part of your earnings.  The earnings therefore taken into account should be the same as before you set up the loan or season ticket arrangement.

In short, your UC payments should not see an increase due to any reduction in earnings considered

caz246

huckster said:

Such wageslip deductions are usually shown as third party deductions on HMRC RTI reporting by employers.  UC ignores these third party deductions on the basis that you have received the amount as part of your earnings.  The earnings therefore taken into account should be the same as before you set up the loan or season ticket arrangement.

In short, your UC payments should not see an increase due to any reduction in earnings considered

I thought this would be the case, thank you for clarifying.