Bank statements DWP

jo1984
jo1984 Community Member Posts: 138 Empowering
in Universal Credit (UC)

I have been asked to upload my bank statements but I just a bit worried has I sell my old stuff on eBay and Vinted. It stuff I brought years ago for myself or stuff my friends and family have given me but nearly all of it was brought or given before I was on universal credit but I selling now because I do not want it and it was in the loft but last year my loft got new insulation in it and it can not go back up there. I donated a lot to charity shops too but there is a bit left that I trying to sell, it does not make much, most going for less than £20, just a bit confused and will it stop my UC and should I talk to my work coach and tell them.

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Comments

  • Stellar
    Stellar Community Member Posts: 584 Trailblazing

    you'll be fine so long as you tell them this.

  • jo1984
    jo1984 Community Member Posts: 138 Empowering

    Thanks, just a little confused. Got a bit to sell still and more to donate but like said, a lot of it only makes as low as a £5 to the most been about £20, a few items make more but not like hundreds or anything.

    And I do not have much in my account so it should be ok. Just a bit worrying about handing over my bank statement to people.

  • Holly_Alumni
    Holly_Alumni Scope alumni Posts: 6,534 Championing

    Hi @jo1984, that's understandable but it sounds like you'll be absolutely fine like @Stellar has said. And anything you share with them is protected. 😊

  • jo1984
    jo1984 Community Member Posts: 138 Empowering

    Update, I had a message saying they will call me to ask me some questions about my statement so now I worried, because I do not understand why. Is this normal.

  • Kimi87
    Kimi87 Community Member Posts: 9,055 Championing

    Totally normal, part 1 of the process is submitting the bank statements, part 2 is the telephone interview.

    They'll ask some scripted questions, then any questions they have about transactions on your bank statements.

  • jo1984
    jo1984 Community Member Posts: 138 Empowering

    @Kimi87 thanks that has calmed my nerves, was getting a bit stressed because I thought I done something wrong but that is my mind for u, I over think everything and start panicking.

  • NoShame
    NoShame Community Member Posts: 21 Connected

    Recent AML laws state that online retailers of a certain size have to keep logs of how much people earn. You are allowed to “earn” £1000 a year before it becomes taxable income and they share this with HMRC.

    Not exactly to do with your case but if earning a grand is seen as pocket money the amounts you earn shouldn’t cause you any grief

  • jo1984
    jo1984 Community Member Posts: 138 Empowering

    Thanks but I do sell but it is my stuff and mostly my mum stuff but because she can not get a Vinted account because need ID and she has not got any we sell on my account for both of us but it not loads.

    I think it may be because my mum got backdated pip and she gave me and my brother some money each and it was a ok amount but it may seem a bit out of place in my bank statement.

    But will see next week.

  • jo1984
    jo1984 Community Member Posts: 138 Empowering

    Update, had my phone call appointment about review my claim and it was nothing, just a few questions about money going in my account from my family or friends, questions about if I have PayPal etc and that was it. Within minutes of the phone call ended had a message in my journal saying my claim is fine and nothing is changing.

  • Mary_Scope
    Mary_Scope Posts: 5,700 Scope Online Community Children and Family Specialists

    Thank you for the update @jo1984, glad your claim is okay and nothing is changing. Hopefully this brings some relief!

  • Bluebell21
    Bluebell21 Community Member Posts: 5,970 Championing

    That is good news @jo1984 well done.

  • jo1984
    jo1984 Community Member Posts: 138 Empowering

    Thanks @Mary_Scope & @Bluebell21. I got a little stressed out because I thought I done something wrong and they would deduct my money but thankfully all good. Hopefully I will get a jobs soon and will not have to go through it again.

  • fantasticman
    fantasticman Community Member Posts: 4 Listener

    What is AML Law?

  • Kimi87
    Kimi87 Community Member Posts: 9,055 Championing

    Anti money laundering.

  • fantasticman
    fantasticman Community Member Posts: 4 Listener

    Thank you

  • Amazonianup
    Amazonianup Community Member Posts: 171 Empowering

    To be honest i told them about something and i said can you not just let me spend my insurance claim for a replacement and the screwed up the calculation 3 times untill they said its not income. Your screwed if you tell them and potentially they make a mountain out of moll hill if you dont. Just accept they will screw it up and put you through hell and dont expect an apology.

  • Holly_Alumni
    Holly_Alumni Scope alumni Posts: 6,534 Championing
    https://forum.scope.org.uk/discussion/comment/1142406#Comment_1142406

    Really pleased to read this @jo1984, thanks for sharing 😊

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