I've a pension of which I can draw £11.000 tax free. I claim ESA + PIP, will this affect my claims? — Scope | Disability forum
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I've a pension of which I can draw £11.000 tax free. I claim ESA + PIP, will this affect my claims?

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maryob
maryob Community member Posts: 4 Listener
edited August 2021 in Employment and Support Allowance (ESA)
I have a pension of which I can draw £11.000 tax free, as I claim ESA and Pip will this affect my benefit's claim.
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  • woodbine
    woodbine Community member Posts: 11,655 Disability Gamechanger
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    @maryob good afternoon and welcome to scope.
    Is your ESA cont.based or income based or both?

    PIP will not be affected only income based benefits if you have more than £6,000 in capital they are reduced, over £16,000 and income based benefits cease.

    Other benefits like housing and council tax will also be affected by savings.
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  • maryob
    maryob Community member Posts: 4 Listener
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    I am on income based ESA so do you know by.how much, because I owe my sister £1000 for my mobility scooter and I have credit card debt of £ 4000 I want to pay off. Thanks for your reply
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  • calcotti
    calcotti Community member Posts: 10,010 Disability Gamechanger
    edited August 2021
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    Any capital over £6000 reduces your income based ESA by £1 for every £250, or part thereof, over £6000. 

    Do you have an option to take a partial withdrawal of the tax free lump sum?
    Information I post is for England unless otherwise stated. Rules may be different in other parts of UK.
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  • maryob
    maryob Community member Posts: 4 Listener
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    Sorry I am only just answering I have just worked out how to see your reply. I have a friend visiting tonight who works for a bank who can look at all the paperwork, thanks so much for your help
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  • woodbine
    woodbine Community member Posts: 11,655 Disability Gamechanger
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    maryob said:
    Sorry I am only just answering I have just worked out how to see your reply. I have a friend visiting tonight who works for a bank who can look at all the paperwork, thanks so much for your help
    It's probably best to discuss this with someone who will understand the effect of taking the £11k on your benefits, welfare rights would be as good as anywhere,
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