Civil

savings

How much savings are you entitled to before it affects your benefits. I have recently inherited some money, it isn't a lot but I would like to keep it for a holiday for my 60th birthday.

Karenunn Thurs 08/05/08 18:03

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factor30
Thurs 08/05/08
20:22

Depends on which benefits. Which ones are you receiving?

Karenunn
Thurs 08/05/08
20:38

Question Author

Basic unemployed sickness benefit

themas
Thurs 08/05/08
20:58

If you mean Incapacity Benefit then it is not means tested and your savings are ignored.

But if you are getting Income Support, Housing Benefit or Council Tax Benefit savings are ignored up to £6000. Above that, there is a sliding scale reduction in benefit until savings reach £16000, when benfit stops.

BRAVO1
Fri 06/06/08
16:53

Hello again : So you do work for DSS / DWP ?.

Be carefull Karenunn this fool will get you trouble with this advice.

Spys all around,searching searching then they find.

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