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Migration to universal credit from tax credits

2 replies

Misshowe · 23/05/2023 16:08

So glad I found this site. I'm worrying myself sick with being migrated to universal credits. My son has money in savings account from a life insurance policy from when his dad died. I've read that I have to declare this to uc is this right? Also I work 25 hours on working tax will I have to increase my hours when I move over to universal credit? I read somewhere that if your child is over a certain age you have to work 35 hours? Would be most grateful to hear off anyone

OP posts:
Avidreader12 · 24/05/2023 06:58

Childrens savings don’t count towards universal credit if they are in their name you would need to ask at meeting. If you earn more than minimum work allowances on 25 hours you won’t need to look for 35 hours.

ChildcarePanic · 24/05/2023 07:22

Avidreader12 · 24/05/2023 06:58

Childrens savings don’t count towards universal credit if they are in their name you would need to ask at meeting. If you earn more than minimum work allowances on 25 hours you won’t need to look for 35 hours.

I was told they do if you can access the money and they have over 3k in them. May have changed though.

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