Contribution based esa and savings
twizzle1202
Online Community Member Posts: 19 Connected
Hello ,
I hope your all having a good day !
I have gained interest on my savings due to inflation will this affect my csa and pip ! I know I will have to do a tax return stating so and pay tax on the interest received but does it affect the csa benefit ? Anyone know about this ?
I hope your all having a good day !
I have gained interest on my savings due to inflation will this affect my csa and pip ! I know I will have to do a tax return stating so and pay tax on the interest received but does it affect the csa benefit ? Anyone know about this ?
Thanks for help in advance
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Comments
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It will not affect your ESA or PIP because both are not means tested.1
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Thanks poppy but I would have to do a tax return won’t I for the tax to be paid on the interest earnt ? And I wouldn’t have to inform dwp ?0
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Thanks poppy but I would have to do a tax return won’t I for the tax to be paid on the interest earnt ? And I wouldn’t have to inform dwp ?poppy123456 said:It will not affect your ESA or PIP because both are not means tested.
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I'm afraid i can't advise about any Tax returns. As i advised, you will not need to inform DWP about any interest in savings.
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Thanks again poppy ! I’ll ask accountant regarding tax returns . Just wanted advice regarding the interest on the savings ! Thank you .poppy123456 said:I'm afraid i can't advise about any Tax returns. As i advised, you will not need to inform DWP about any interest in savings.0
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