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United Kingdom · Question · Written question

UIN 47362

Universal Credit

answeredUnited Kingdom· UK Parliament· EN

Introduced

15 May 2020

Last action

20 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

20 May 2020

Summary

To ask the Secretary of State for Work and Pensions, whether her Department distinguishes between savings for personal use and savings for the purpose of the ongoing basic maintenance of the applicant's business or self-employment when assessing universal

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Timeline

  1. 15 May 2020

    Written question

    To ask the Secretary of State for Work and Pensions, whether her Department distinguishes between savings for personal use and savings for the purpose of the ongoing basic maintenance of the applicant's business or self-employment when assessing universal

    Source: Commons

  2. 20 May 2020

    Answer

    Yes - 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...

    Source: Written answer

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