Universal credit review col payments

sophie2002

Hiz I've just been checking through lots of posts about pip and lwrca backpay and been disregarded for 12 months and col payments I didn't ever remember telling them I had a pip backpay of 457 and a savings account I never had one when I first got universal credit now I'm stressing again I know they say they disregard these backpays for 12 month then after what's left is added combined in your normal and savings but I also recieved a total of 1850 in cost of living payments from 2022 to 2024 with u/c and pip would they minus the 1850 off my savings or will my savings still be 3k I'm so confused by all this I just don't want to get in to trouble I know j will for not declaring by my mental health is really bad and I have been told that I didn't need to do it now I'm been told I should of it's a genuine mistake and if asked I will cooperate I just don't want to get prosecuted for not informing as I never thought I meed to especially if my savings were under 6k I didn't realise it was combined I'm now scared I have the initial phone call 2moro to let me know what I need I'm so scared I have 3k inbmy savings will they ask were it's from as it's all money from benefits nothing else my mental health is really bad so I need some guidance or help thankyou

OverlyAnxious

Hi,

The Cost of Living payments can be deducted as long as your total savings haven't dropped below that amount (£1850) since you got the COL payments.

Benefits backpay is deducted for 12 months as well as you say. It sounds like that 12 months has ended now though?

If you never had more than £6000 in total then there was never any need to declare the backpay and you won't be in any trouble now.

They won't ask where your savings came from.

sophie2002

My savings as of today is 3200 so would that be OK I have 100 in my normal account at the moment but might go down due to maybe buying more art stuff this week , I'm not due to be paid till the 7th may which would be 727 am I still OK with that and my savings is still unglder 6k this is so stressful obviously my pip backpay and lwrca backpay stop been disregarded in January 2023 and I stopped receiving pip roughly Jan 2024 which was under 100 per month it's so confusing I know they only want 4 months but there going to ask why I haven't declared 3k in savings I thought it was honestly 6k I got this so wrong I'm so stupid now I'm worried I've heard lots of horror story's it's scary x

OverlyAnxious

https://forum.scope.org.uk/discussion/comment/1022744#Comment_1022744

Yes, £3200 is absolutely fine, there won't be any deductions unless you go over £6000.

Your payments are counted as income (not savings) until the end of the next payment period, so that £727 won't be included in the savings yet. As you are still well below £6000, you really don't need to calculate the income in this case anyway.

You haven't got it wrong and you're not stupid. As long as your savings have never been over £6000 then there was never any need to declare them. 🙂

sophie2002

So i have 3200 in savings and 100 in my account now so 3300 in total ,do i then add the 727 or is it whats left at the end of the assesment period that they count ?, A women phoned today from the review team and explained what they were ringing for and what they wanted I told her I have savings and pay/pal but there's no money in my pay/pal account its just what i use to pay as it comes direct out of my bank i said she will probs understand she said just send everything I have in bank accounts savings paypal and they require from Jan to April which is 4 months I have till the 13th to send everything over and I will be speaking to the lady who phoned me I just hope I have don't everything right I just need to stay calm and print everything off for them and have copy's for myself I have just bought a wardrobe today so if asked i can show receipt as its from argos x