Letting UC know they paid my monthly payment.

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Tumilty

Hi

So I'm deducted £13 because of savings when first applied. Those savings have gone down in savings account but still a bit over the £6k so I guess I should tell them it's reduced.

The current account where UC is payed had £30 in it until Friday when money went in so do I have tell them that because they paid me my monies have gone up? as I guess money in current account is classed as savings too.

Regards

OverlyAnxious

Hi,

There is no need to update your savings until the final day of your assessment period.

If you have only just been paid, there must still be another 3 weeks or so left of the current payment period.

If you do choose to update your savings today, then it gets a bit more difficult. As long as you haven't spent any money since the UC came in, then you can deduct the full UC as 'income', and could just put £30. But that will not work as we get further through the assessment period, when you start spending some of the money.

Honestly, the easiest way to do it is just to put the exact figure from your bank account into UC on the final day of your assessment period. There is no chance of you being overpaid when doing that.