DLA and capital
rob18
Online Community Member Posts: 2 Listener
I have capital that will be under 16K soon. Does DLA get added in as capital or is it disregarded? Thanks
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Comments
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Yes any money you have is counted as capital, this includes money from DLA payments. For every £250 or part there of there's a £1 per week deduction for legacy benefits such as Income Related ESA, JSA, Income Support and housing benefit.For Universal Credit for every £250 or part there of over £6,000 there's a £4.35 per week deduction.Council tax reduction will depend on your local Authority and some have a maximum savings limit of £6,000 before entitlement to CTR ends.1
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If you have DLA left over at the end of each four weekly payment it becomes capital.1
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That’s great, thanks for help1
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I would just like to add a warm welcome @rob18. It is great to see you have joined us.
Please don't hesitate to let us know if there's anything else we can do to support you
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