Deprivation of Capital Allowance Rules

PRG66
PRG66 Online Community Member Posts: 0 Listener
edited August 17 in Universal Credit (UC)

Hi,
I am 65 yrs old. I am on UC in the support group. I am registered as self employed carpenter doing less than 16 hours a week. Though in reality I've not been well enough for years to do any at all. The UC self employed page has anticipated this by forshortening my monthy data.
I spent my £5,000 savings (below the max allowable) in April / May this year on various expenses including insurance, household bills, car expenses, insurance etc, private medications (not available on NHS) and tools. Some of them as much as £1,500.
On 18th July I received an £11,500 inheritance. I put £2,000 to my disabled son, bought a family holiday for 4 of us - about £1,500 + some holiday cash at about £750, more tools, more bills etc.
By 18th of August, I was back down to £6,000. I then told the UC what I had done. They want ALL bank statements going back to May 2023.

I am wondering if the Deprivation of Capital Allowance Assessors will see my spending of the previous £5,000 in April / May 2025 as 'depriving my capital' in lieu of receiving the new inheritance in June 2025.

In my mind, I am within reason, I feel I am entitled to spend that £5,000 of my allowable savings in any way I wish, on anything I want and at any time. Then with the new cash input, gioven how small the ammount is, again within reason to pay all these legitimate expenses and bills, a family holiday and some tools etc is legitimate.

However, I am well acquainted with corporate gaslighting and corporate abuse and expect the Assessors to penalise me. I hope it's just my paranoia. Anyone have anything to say about this? Comments gratefully received.

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