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£15K Savings Limit

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Sceptre | 12:30 Mon 08th Sep 2014 | Business & Finance
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A friend of mine who is currently on Housing Benefit and Council Tax Benefit has received some money via a PPI claim. This money takes him over the £15K savings limit and therefore does it have to be declared?

This money will slowly erode, and will in time, take him back under this limit.

Does he then, re-claim the benefits again?
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Avatar Image Mamyalynne
Yes, to both parts.
12:32 Mon 08th Sep 2014
Avatar Image bednobs
yes, he needs to tell the administartors of the benefits then re-claim again later
20:22 Mon 08th Sep 2014

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