UC and savings over £6000

consumers_revenge

Hi,

Basically this is on my sons behalf who is autistic so I help him manage his claim. Im aware that you need to declare savings over 6k (not there yet) to UC via your journal and have no problem with this.

The issue is that around 3k was awarded from pip backpay.

Looking around its not clear, but some have told me UC wouldnt count that for 12 months as 'savings' and even the gov website isnt clear to me.

Anyone have any experience on this or advice please?

Thanks.

HillStreetBlues

Capital is declared via "Report a Change" > "Money, savings and investments" not the journal.
The backpayment  is ignored for 12 months. When declaring the capital make sure you know how much of it is income (PIP, UC and if any wages paid in that AP) and any Cost of Living payments.

KxMx

It will be excluded from his capital calculation for 12 months.

https://www.scope.org.uk/advice-and-support/lump-sum-payments-and-benefits

consumers_revenge

KxMx said:

It will be excluded from his capital calculation for 12 months.

https://www.scope.org.uk/advice-and-support/lump-sum-payments-and-benefits

Thats really useful. Any idea how you explain that in your UC area?

HillStreetBlues

A very helpful post from Ned in another thread.

NedS said:

This is new functionality that only made it into the UC system this week - when reporting capital, the system now asks if any of the capital was from a backdated benefits payment (which can be disregarded) and the system will disregard it if appropriate. This is why you were not asked that question when you originally made the claim.

The system also now recognises Cost of Living payments too and disregards those.

The system now just about asks for information and recognises most types of capital that can be disregarded under the current legislation, which is good progress.