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United Kingdom · Question · Written question

UIN 45261

Universal Credit: Self-employed

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 May 2020

Last action

19 May 2020 · Answer

Status

Answered

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Discovery layer

Source updated

19 May 2020

Summary

To ask the Secretary of State for Work and Pensions, whether savings for the tax liability of self-employed people held in personal bank accounts count towards the capital limit for universal credit.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 May 2020

    Written question

    To ask the Secretary of State for Work and Pensions, whether savings for the tax liability of self-employed people held in personal bank accounts count towards the capital limit for universal credit.

    Source: Commons

  2. 19 May 2020

    Answer

    Where a claimant has capital over £16,000 we will contact them to understand their circumstances and determine eligibility. If this money is to be used for business or tax purposes, it will not be counted towards their capital, but they may be asked to pr...

    Source: Written answer

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