advice regarding assessment period please

Tony58
Tony58 Community Member Posts: 16 Connected

hello there can i please have some advice as i suffer with anxiety disorder and depression and im very unsure about the assessement period for any savings and how it works

if my assessement period is from the 12th - 11th of the month

and i would be maybe just over £6k when would i have to let universal credit know date wise or is it just straight away.

how does it work please thank you very so much

Comments

  • OverlyAnxious
    OverlyAnxious Community Member Posts: 6,040 Championing

    Hi,

    For Universal Credit, savings only matter on the final day of the Assessment Period.

    For you that is the 11th of the month.

  • Tony58
    Tony58 Community Member Posts: 16 Connected

    hi there thanks so whatever money i have got untill the 11th of next month. then on that date if im over £6k i would then inform them which is the 11th june is that correct?

  • SheffieldMan1976
    SheffieldMan1976 Posts: 1,950 Connected

    11th of June yeah, which would be a fortnight on Thursday from this week.

  • Tony58
    Tony58 Community Member Posts: 16 Connected

    hi ok thanks thats really very helpfull its eased my mind now to understand