Savings over £6000 unreported — Scope | Disability forum
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Savings over £6000 unreported

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doadf
doadf Community member Posts: 2 Listener
Hi, I have realised that my savings have been over £6000 but under £16000 for several months. I am on UC with housing element and LCWRA. How do I report this correctly? I am quite anxious.
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  • OverlyAnxious
    OverlyAnxious Community member Posts: 2,623 Disability Gamechanger
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    You can report this in your online journal with UC.

    The cost of living payments should be removed from your overall total.  As should your most recent UC payment.
  • woodbine
    woodbine Community member Posts: 11,658 Disability Gamechanger
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    You may have to repay the money you shouldn't have been getting plus perhaps a £50 "fine", it will depend how much you were over £6k and for how long
    2024 The year of the general election...the time for change is coming 💡

  • poppy123456
    poppy123456 Community member Posts: 54,298 Disability Gamechanger
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    Log into your journal, if you have one and “report a change of circumstances.” Look through the list and you will see “savings and investments” click that and report it through there. 
    I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.
    If i see a question that i know the answer to i will try my best to help.

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