Hi, I recently received a 9 year sever disability payment, I immediately rang DWP to check it was correct and it was. I was assured that it would not be classed as capital/savings. A friend of mine suggested that after I was reassessed it may well be classed as savings. My stress levels are sever to say the least as I know if I call DWP I may get different answers from different people! On my accompanying letter it says " This payment will not count towards the calculation of capital/savings that you hold", also " To be disregarded as capital from the date they are received for the remainder of the award to the income related benefit or until they are spent, whichever is sooner". Last year I received a letter saying I was due reassessment but it would be delayed due to Covid. Does this assessment mean they will then consider the money as capital? Pleased help a very confused and worried person who is unsure if I should quickly spend every penny or doesn't need to worry! I hope someone knows the answer because I don't. thank you in anticipation Kontiki
So glad that you received the money. Try not to worry. You have a copy of the letter explaining that it will not be treated as capital. A review of an award - does not make it a new one - it is still your original claim.
BIS
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