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Siaman63
Community member Posts: 9 Listener
Hi do I have to declare a payment, my company have finally agreed to finish me on health grounds when I receive payment do I have to declare
Comments
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It depends what payment you're talking about. It is a lump sum payment or an ill health pension?
I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.If i see a question that i know the answer to i will try my best to help. -
Hi it is a lump sum to end my contract on grounds of ill health
Siaman63 -
Contributions based ESA is not affected by savings/capital. Some ESA claims have an income related top up, if yours does then savings/capital over £6,000 will affect the Income related top up.Savings/capital affect means tested benefits anything £6,000 and over affects them £1 for every £250 over that amount. £16,000 and over and all means tested benefits stop. If you claim housing benefit and council tax reduction then these are means tested benefits.I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.If i see a question that i know the answer to i will try my best to help.
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I understand that thanks all I need to know is will I have to declare it to the ESA I think it's going to be around £ 3.000
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No, not if your ESA is all Contributions based.
I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.If i see a question that i know the answer to i will try my best to help. -
Thanks for your input very helpful.
Regards
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