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Closing UC claim-Other vs Making a change- money/investments

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  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,307 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    captrico said:
    Let us know what happens.... assuming the best option is cancel claim.
    Yeah, will update the progress. I will just call them in morning. Probably get a bit more clarity that way, instead of all the grey area stuff.  
    Just be aware the frontline people on the phone aren't always well trained, even in basic things, so anything more complex they may very well not be at all reliable. 

    I think you'd probably be better off sorting out whether you should have declared it sooner (honest mistakes happen, it's fine as long as you own up to them when you realise) and going from there.

    Do you know when the money is likely to come to you, and when is the end of your assessment period just out of interest?
  • Northern_Wanderer
    Northern_Wanderer Posts: 732 Forumite
    500 Posts Third Anniversary Photogenic Name Dropper
    edited 23 July at 7:31AM
    captrico said:
    Let us know what happens.... assuming the best option is cancel claim.
    Yeah, will update the progress. I will just call them in morning. Probably get a bit more clarity that way, instead of all the grey area stuff.  
    Just be aware the frontline people on the phone aren't always well trained, even in basic things, so anything more complex they may very well not be at all reliable. 

    I think you'd probably be better off sorting out whether you should have declared it sooner (honest mistakes happen, it's fine as long as you own up to them when you realise) and going from there.

    Do you know when the money is likely to come to you, and when is the end of your assessment period just out of interest?

    The OP has numerous other posts about this inheritance, 2nd home council tax, how to cash the cheque from the proceeds, how to transfer money to the states, what to do about banking when he leaves the country, complaining about solicitors fees, ending tenancy. It seems that he already has the money, at least in the form of a cheque, regardless if cheque has been cashed or not. 
  • kaMelo
    kaMelo Posts: 2,856 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Don't forget the OP wondering about their tax position if withdrawing £100,000 from their crypto account. I'm guessing they never declared that either.
  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,307 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 23 July at 3:19PM
    ^ Ah, so rather more problems than just the subject of this thread.  And then we wonder why we're subjected to reviews that DWP get wrong when the vast majority of us are honest 🙄
  • Northern_Wanderer
    Northern_Wanderer Posts: 732 Forumite
    500 Posts Third Anniversary Photogenic Name Dropper
    kaMelo said:
    Don't forget the OP wondering about their tax position if withdrawing £100,000 from their crypto account. I'm guessing they never declared that either.

    Oh, I missed that one! 
  • Muttleythefrog
    Muttleythefrog Posts: 20,412 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 23 July at 11:18PM
    Yes you may want to declare the cryptocurrency held... they even ask about such in reviews. I'm not surprised you're exhausted... there's a lot going on.. 
    "Do not attribute to conspiracy what can adequately be explained by incompetence" - rogerblack
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