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savings
1 year 3 months ago #308096 by Rox
hi, one last quick question....
i have some money in my savings accounts that i have saved up from receiving UC, do i need to declare this i am wondering? (it is under £1000)
Thank you again
Sarah
i have some money in my savings accounts that i have saved up from receiving UC, do i need to declare this i am wondering? (it is under £1000)
Thank you again
Sarah
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1 year 3 months ago #308118 by latetrain
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Hi Rox
As stated in your previous question you need to report any saving over £6k as this will affect you UC entitlement.
Between £6k and £16k for every £250 bundle or part of, you will loose £1.00 in tariff income. Once you go over £16k you will loose all entitlements to any means tested benefits.
Gary
As stated in your previous question you need to report any saving over £6k as this will affect you UC entitlement.
Between £6k and £16k for every £250 bundle or part of, you will loose £1.00 in tariff income. Once you go over £16k you will loose all entitlements to any means tested benefits.
Gary
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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