Housing Systems: Combating poverty and sustaining tenancies.
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Changes in Unearned Income/Savings
Changes to a claimant's assessable savings, o to unearned income that count as assessable income, may impact the amount of the claimant's UC award.


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Savings/capital between £6,000 and £16,000 will affect the amount of UC a claimant is entitled to.

If a claimant's savings/capital go over £16,000 then they are no longer entitled to any UC.

So if a claimant's (and their partner's ie. joint claimant's) total savings/capital go above one of these key figures ie. above £6.000 or £16,000 then they should report that to the DWP.

If they have savings between £6,000 and £16,000 and these savings fluctuate, then they should report how much savings they have at the end of each Assessment Period. This will ensure the DWP take into account the correct amount when assessing their UC award to prevent being overpaid (if they've increased) and ensure they receive any increase in entitlement (if they're dropped).



Whether a claimant who starts to receive, or stops receiving, unearned income will see a change in their UC award will depend on whether:

  • the unearned income is 'assessable' income (and so reduce the claimant's 'Maximum UC award' £1 for £1) or whether it is disregarded, and
  • if it is an award/termination of a welfare benefit, whether that award affects their entitlement to any of the Universal Credit Elements that make up a claimant's Maximum UC.

A claimant should always be advised to notify the DWP of any change to their income even if they don't think it will have any impact.