Savings threshold on UC

rigilsalim786
rigilsalim786 Online Community Member Posts: 65 Contributor

I tried ringing universal credit about getting lump sum from Pip would that affect universal credit if it went above the threshold of £6000 but they did not have a clue can somebody confirm that there is a time scale regarding the lump sum if it goes over the threshold

Comments

  • onmylonesome
    onmylonesome Online Community Member Posts: 612 Empowering

    Its disregarded by UC for 12 months.

  • luvpink
    luvpink Online Community Member Posts: 3,859 Championing

    Maybe you could look it up on the government website but universal credit should have known the answer.

  • baller
    baller Posts: 29 Connected

    no it dont

  • Kiki23
    Kiki23 Online Community Member Posts: 238 Empowering
    edited March 10

    If its "over" £5000, from what I know it should be disregarded by UC for your entire claim. I believe you may need to also show UC evidence of the payment you received from PIP, and the reason why you received it 😊

  • OverlyAnxious
    OverlyAnxious Online Community Member Posts: 5,788 Championing

    As others have said, less than £5000 is disregarded for 12 months, more than £5000 is disregarded for the life of the claim.

    You should still report it to UC when you get it. If you have an online claim with a Journal, there is a specific place to put benefits backpay to be be disregarded when you update savings on there. If you have a telephone claim then you should notify them by phone instead, but make it clear that it should be disregarded, as the call handlers are unlikely to know.