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cg benefitshanges in capital savings affectin

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can any one assist in informing me of the new limits of savings or capital one can hold without affecting benefit rights

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Hi,

 

Not sure if this is what your looking for............

 

Savings and capital: how they affect your benefits - Merton Council

 

Regards.

 

Scott.


 
 

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For income based benefits, the savings disregard is anything under £6000.00. Anything between £6000.00 and £16000.00 would affect the amount you are entitled to, anything over £16000.00 would mean you would not be eligible.

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My advice is based on my opinion, my experience and my education. I do not profess to be an expert in any given field. If requested, I will provide a link where possible to relevant legislation or guidance, so that advice provided can be confirmed and I do encourage others to follow those links for their own peace of mind. Sometimes my advice is not what people necesserily want to hear, but I will advise on facts as I know them - although it may not be what a person wants to hear it helps to know where you stand. Advice on the internet should never be a substitute for advice from your own legal professional with full knowledge of your individual case.

 

 

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