United Kingdom · Question · Written question
UIN 6670
Universal Credit
Original
Introduced
23 May 2022
Last action
26 May 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
26 May 2022
Summary
To ask the Secretary of State for Work and Pensions, whether tax credit recipients who have more than £16,000 in savings will lose all their support on being migrated to Universal Credit after the one year grace period, or whether they will be entitled to
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
23 May 2022
Written question
To ask the Secretary of State for Work and Pensions, whether tax credit recipients who have more than £16,000 in savings will lose all their support on being migrated to Universal Credit after the one year grace period, or whether they will be entitled to
Source: Commons
26 May 2022
Answer
Tax Credit claimants will have any capital they hold above £16,000 disregard for up to 12 months once moved to Universal Credit as part of the managed migration process. This means that the normal rules for the treatment of capital, that would usually pre...
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/2022-05-23/6670
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1464962
- uk · wq-1464962 · source updated 26 May 2022