Redundancy

Albertvictor
Albertvictor Online Community Member Posts: 14 Listener
in Work
Hi it’s looking as though I may be made redundant due to a long term illness that I have as I am not fit to go back to work. 
I am currently on Universal Credit, LCWRA & PIP. My question is will UC take the 55p of every £1 that I receive from the redundancy. I’ve tried to get in contact with citizens advice and it’s impossible to get hold of anyone. Can anyone on here help please ? 

Comments

  • Albus_Scope
    Albus_Scope Posts: 11,423 Scope Online Community Coordinator
    Hey @Albertvictor I'm so sorry to hear about the redundancy. The redundancy money will be counted as capital. So it will count as savings. 
  • Albertvictor
    Albertvictor Online Community Member Posts: 14 Listener
    Thanks for that but would it be the whole amount Approximately £10500 ? I thought with UC anything over £6000 could be classed as income ? 

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