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Do we need to tell UC - CoL payment put me over savings limit for 20 days

8 replies

Cantaffordnotto · 28/02/2024 15:43

Been saving hard and living frugally to hopefully pay of a debt situation, didn't account for Cost of Living hardship payment and changed gas bill payment resulting in having £400 more than I'm supposed to have in savings for 20 days.

At the worst I think it means I have been given £4.35 I shouldn't have?
(may be half that because of their accounting period)
I don't want to be dishonest but scared of triggering some sort of investigation or having my claim paused.

Anyone know what are you are supposed to do?
I only just realized when I paid the rent and bills which has taken it back down to allowed amounts.

OP posts:
newname1234456 · 28/02/2024 15:48

from what i read and may have read it wrong the COL payment isn't taken into account for benefit cap etc, but as its such a small amount you would have to pay back i would give them a call to make sure, as they like any excuse to stop payments

Sprogonthetyne · 28/02/2024 15:54

If your that close to the limit and the moneys to pay of debt, why don't you just pay some?

Cantaffordnotto · 28/02/2024 15:55

I hope you're right.
I did try calling and got a very confused handler (where I got the accounting period bit from) who didn't want to put it down as a change of circumstances and wanted me to contact the debt management department. Sat on hold repeatedly before having to give up.

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Cantaffordnotto · 28/02/2024 15:56

Sprogonthetyne
I've been asked to pay it as an exact amount in two payments.

OP posts:
TigerRag · 28/02/2024 15:56

It doesn't count

Any benefits paid are ignored as savings for the period they're paid for.

Cantaffordnotto · 28/02/2024 15:59

Tiger Rag really? If that's correct it's brilliant news. Thank you!

OP posts:
Lougle · 28/02/2024 16:02

Yes, it only becomes savings when it isn't spent in the assessment period it relates to.

Cantaffordnotto · 28/02/2024 16:10

Thank you both so much!
It explains some of the handlers reactions as they were going round in circles about dates and seemed surprised I was trying to report it.

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