United Kingdom · Question · Written question
UIN 45261
Universal Credit: Self-employed
Introduced
11 May 2020
Last action
19 May 2020 · Answer
Status
Answered
Sponsors
—
Subjects
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
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
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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Sponsors
- · Department for Work and Pensions · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-05-11/45261
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1194324
- uk · wq-1194324 · source updated 19 May 2020