Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Advice about compensation payment and benefits please

5 replies

GretchenBeckett · 16/03/2016 14:27

I have been award an amount of compensation for a series of rapes I was subjected to by my ex husband.
I'm currently on benefits as the anxiety/depression I've been left with mean I'm struggling to work.
I don't have the money yet but I wondered if when I do receive it my benefits will stop?
It's not that I think I shouldn't have to use the money to support myself I'm just trying to arm myself with information so I know what will happen and what I need to do as I feel a bit overwhelmed by it all atm.

OP posts:
anyoldname76 · 16/03/2016 14:30

i think you will have to declare it to tax credits, hb etc but depending on the amount it may not affect them. im sorry that happened to you though and I hope you're getting the help you need

GretchenBeckett · 16/03/2016 14:33

Thanks for replying. I will definitely declare it. I just find it all a bit daunting for some reason.

OP posts:
TeaBelle · 16/03/2016 14:34

You are allowed a certain amount of money in savings before it impacts on benefits - I think the general sum is £6000 but it could differ for different benefits.

If you are due to get a larger award then you could buy something sensible with the difference eg if you got 10,000 you could spend 4000 on a car so as not to go over the limit, but the dwp and local council (for hb and ctb) may want to see receipts and justification to prove that you haven't just gone out on a bender and wasted the money

GretchenBeckett · 16/03/2016 14:45

Thanks for that, TeaBelle. I could actually do with buying a car. It would improve my ability to work as I struggle being out in public.

OP posts:
GretchenBeckett · 16/03/2016 14:46

I also thought about giving the money away to a charity that helps rape victims but thought the DWP might not approve of that.

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread