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Old 08-04-2015, 20:04   #1482
nomadking
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Re: The state benefits system mega-thread. Many merged.

Quote:
Originally Posted by v0id View Post
Something's not quite right here.
You don't even have to inform the DWP if you have savings under £6000
She was asking them the question, "what if". It sounds like her saving were nowhere near £6,000 as the claimed potential deduction(£!5) is exactly the amount as if she currently had £6,000 and this was to go on top of that, ie savings changing from £6,000 to £9,750(£15 = £1 for each £250 over £6,000). The DWP have said that there would be no deduction. So as happens way too often, especially in this thread, the story is a LOAD OF NONSENSE. It was money she had easy access to and therefore is classed as capital, otherwise people would stash excess money using that method and would always be eligible for income based benefits.
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