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Pav38
Pav38 Online Community Member Posts: 7 Listener
edited May 20 in Universal Credit (UC)

I need some advice please, if someone can help? Thanks

My assessment period is from 24th April to the 23rd May. I receive a Pip payment on the 22nd May. When I provide my savings update on the 23rd May, is the Pip payment counted as savings? Or do I have until the next assessment period to report what is left over?

Comments

  • Kimi87
    Kimi87 Online Community Member Posts: 5,943 Championing

    You would wait until the next assessment period to report what is left.

    In AP 1 it counts as income and is not reported.

    In AP 2 anything left is counted as savings.

  • Pav38
    Pav38 Online Community Member Posts: 7 Listener

    Thanks for the reply. Really appreciate it. So just to clarify, I would report what is left over on the 23rd June? Which would be the next assessment period. Thanking you in advance.

  • Kimi87
    Kimi87 Online Community Member Posts: 5,943 Championing

    Yes I agree you'd report on the 23rd June.

  • Pav38
    Pav38 Online Community Member Posts: 7 Listener

    Thanks Kimi87, you are such an helpful person.

  • Mary_Scope
    Mary_Scope Posts: 1,958 Scope Online Community Children and Family Specialists

    Hi @Pav38 and a warm welcome to the community😀

    I see Kimi has already answered your question and given you some great advice so I won't add anything else today but it's lovely to have you here and I hope you enjoy your time on the community😀