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Contrib/New Style ESA DWP assets notification requirement.

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2 days 3 hours ago #302082 by banger
I have just read the GOV.UK page on New Style ESA and in the changes you need to report section it says:-

"What you need to report
This list does not cover every change you must report. Call Jobcentre Plus if you’re not sure whether you need to report a change.

You may be prosecuted or have to pay a £50 penalty if you give wrong or incomplete information.

Changes to personal details
You must report if you:

change your bank details
change your telephone number
have someone start or stop living with you
You must report if you or anyone who lives with you has a change in immigration status, if you or they are not a British citizen.

You must report if you, anyone who lives with you, or your husband, wife or civil partner:

changes name
changes address
leaves Great Britain (England, Scotland and Wales) for any period of time
gets married or forms a civil partnership
gets divorced or ends a civil partnership
has a baby or gets pregnant
goes into prison or legal custody
If anyone who lives with you or your husband, wife or civil partner dies, report this using the Tell Us Once service instead.

Changes to a medical condition or disability
You must report if you or someone included on your claim:

has any changes to a medical condition or disability
goes into hospital, a care home or sheltered accommodation
changes doctor
starts or stops caring for someone
Changes to work or education
You must report if you, anyone who lives with you, or your husband, wife or civil partner:

starts or stops education, training or an apprenticeship
finds or leaves a job, or starts working different hours
is involved in a trade dispute, or is unable to work because of a trade dispute (for example, if there’s a strike)
Changes to income and benefits
You must report if you or anyone who lives with you:

has a change to their salary or earnings from work
gets paid back-pay (sometimes called ‘arrears’) for their salary or earnings from work
starts or stops getting a benefit or a pension
starts or stops getting any other regular source of money (for example, student loans or grants, sick pay, or money from a charity)
has a change to the amount of money they get from a benefit, a pension or any other regular source of money
You must also report if anyone caring for you starts or stops getting:

Carer’s Allowance
Carer Support Payment
the carer element of Universal Credit
Changes to assets
Assets are things like:

savings or investments
property
one-off payments (for example, money from inheritance or a lump sum payment)
You must report if you and anyone who lives with you starts or stops having £6,000 or more in total assets between you.

If you already have over £6,000 in total assets between you, you must report any increase or decrease to the value of those assets."

I have just checked the leaflet that came with my ESA confirmation letter Titled Reporting Changes dated 02/24 and the same text is in that document about savings over £6000.

I am on ESA contributory benefit with savings over £6000 do I need to audit my savings to tell DWP how much I have as I have no clue as it is all in savings banks spread out?

And when was this change made surely it needs legislation?

Tim

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1 day 17 hours ago #302089 by David
Hi banger

Would you believe it the DWP does print/publish misleading information!
Any savings don't need to be reported with Contributions Based or New Style ESA. Even if you won the Lottery!

David

Nothing on this board constitutes legal advice - always consult a professional about specific problems
The following user(s) said Thank You: skcollobcat10, banger

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1 day 5 hours ago #302131 by banger
Many thanks David, I shall now tell my anxiety to quiet down. :)
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