×

Notice

The forum is in read only mode.

× Members

UC - Would this be counted as income?

More
2 months 3 weeks ago #309199 by KAZ2Y5
Hi

I have a small amount of savings for unexpected expenses (under £2000) in my account & wondered if I lent a family member around £400 for an emergency (which I would receive back in full a week or two later), would this cause any issues? As I am on UC, would it count as income for that month even though it was my own money originally?

Kind Regards


KAZ2Y5
More
2 months 3 weeks ago #309211 by BIS
Replied by BIS on topic UC - Would this be counted as income?
Hi KAZ2Y5

No, that wouldn't cause any issues. It's not income - it's savings.

BIS

Nothing on this board constitutes legal advice - always consult a professional about specific problems
The following user(s) said Thank You: KAZ2Y5
More
2 months 3 weeks ago #309215 by KAZ2Y5
Replied by KAZ2Y5 on topic UC - Would this be counted as income?
Thank you BIS,

I hoped this was the case but thought I had better check.

Kind Regards

KAZ2Y5
Moderators: GordonlatetrainBISCatherine12345ChrisDavidKeely