UC review and "savings"
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Whatshallido
Community member Posts: 10 Listener
I got the dreaded message a while back that i would be getting reviewed. I live at home with my parents still and my father is my appointee. I don't have an active social life so spending money outside doesn't happen for me so i am not visiting eateries etc. The only thing i spend my money on is Amazon, some subscriptions, clothes and a phone bill.
They wanted 4 months of statements first and i gave them, then they wanted 12 months which just arrived before Xmas. I just went over 9k from UC alone basically because small money that went in was from my birthday, Xmas and people giving me money back when i got things from Amazon for them. I've been hearing about deductions if you go over 6, but they really expect you to splurge it all instantly? I have spending anxiety after seeing my family home being lost when i was younger in 07 and anything that can go wrong in my house does. It's usually something very expensive as well. If i had been told about this nonsense from the start i would have spent it immediately, but sadly i cannot see into the future.
They wanted 4 months of statements first and i gave them, then they wanted 12 months which just arrived before Xmas. I just went over 9k from UC alone basically because small money that went in was from my birthday, Xmas and people giving me money back when i got things from Amazon for them. I've been hearing about deductions if you go over 6, but they really expect you to splurge it all instantly? I have spending anxiety after seeing my family home being lost when i was younger in 07 and anything that can go wrong in my house does. It's usually something very expensive as well. If i had been told about this nonsense from the start i would have spent it immediately, but sadly i cannot see into the future.
Comments
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hi @Whatshallido and a warm welcome to scope, for savings over £6,000 UC is reduced by £4.35 a month for every £250 or £17.40 per £1000 so if you have savings of £9,000 you can expect a reduction of £52.20 per month, if your savings reduce you should report this monthly on your journal, same if they increase.2024 The year of the general election...the time for change is coming 💡
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woodbine said:hi @Whatshallido and a warm welcome to scope, for savings over £6,000 UC is reduced by £4.35 a month for every £250 or £17.40 per £1000 so if you have savings of £9,000 you can expect a reduction of £52.20 per month, if your savings reduce you should report this monthly on your journal, same if they increase.
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I'm not sure what you mean by "deductions for eons"UC entitlement is based on your circumstances on the last day of each assessment period. If you have more than £6,000 at that time then you should report the changes or your father should, if he's your appointee for UC as that's his responsibility.How much you will owe will depend on how long you were over the lower limit for. Yes, that's very likely why they've asked for 12 months statements.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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Whatshallido said:woodbine said:hi @Whatshallido and a warm welcome to scope, for savings over £6,000 UC is reduced by £4.35 a month for every £250 or £17.40 per £1000 so if you have savings of £9,000 you can expect a reduction of £52.20 per month, if your savings reduce you should report this monthly on your journal, same if they increase.
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AtlasShoulders said:Whatshallido said:woodbine said:hi @Whatshallido and a warm welcome to scope, for savings over £6,000 UC is reduced by £4.35 a month for every £250 or £17.40 per £1000 so if you have savings of £9,000 you can expect a reduction of £52.20 per month, if your savings reduce you should report this monthly on your journal, same if they increase.
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As your dad is your appointee then it's his responsibility to know this and to report all changes. The worst that can happen is that you'll have an overpayment and a small fine for not reporting changes.
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. -
poppy123456 said:As your dad is your appointee then it's his responsibility to know this and to report all changes. The worst that can happen is that you'll have an overpayment and a small fine for not reporting changes.
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AtlasShoulders said:Whatshallido said:woodbine said:hi @Whatshallido and a warm welcome to scope, for savings over £6,000 UC is reduced by £4.35 a month for every £250 or £17.40 per £1000 so if you have savings of £9,000 you can expect a reduction of £52.20 per month, if your savings reduce you should report this monthly on your journal, same if they increase.
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Whatshallido said:
...i don't have a car, a social life or anything that helps me spend a tonne of money. I just buy things from Amazon, some subscriptions, clothes, phone bill and that's it. No one EVER told me either about this, it's only now i have learned about that money being classed as savings.
Sadly this situation is one that seems to be misunderstood by many on here, let alone in the outside world.
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Whatshallido said:poppy123456 said:As your dad is your appointee then it's his responsibility to know this and to report all changes. The worst that can happen is that you'll have an overpayment and a small fine for not reporting changes.2024 The year of the general election...the time for change is coming 💡
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It's also worth mentioning that all the cost of living payments are disregarded from savings indefinitely so if you received any of those they won't be included in your total savings.
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. -
I'll be going to the CAB soon as i said on my PIP post. I'll feel a lot better and i'll get the information to my face, then it will be better for me. Even if they deducted the 52 pounds a month or even asked for a lump sum back I'd do it as i said. When everything is solved i will make a post about it and thanks for the replies
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