Does anyone know the limits to savings while on benefits?

[gail2]

just wondered if anyone know this. Only reason I ask is that DWP have just given me a back payment of money they own me and its a certain amount Mind you it will not be in my account long LOL

 

[Inka]

You need to look up your specific benefit @gail2 For UC it’s £6000. If have that or more, they reduce your benefit. If you have £16k+ you lose your benefit. Be aware that purposely getting rid of a large sum of money might be considered deprivation of assets.

 

[gail2]

im ok then not got that much from DWP

 

[Lucyr]

im ok then not got that much from DWP

It also depends on what the backpayment is. Eg a backpayment of PIP is disregarded as savings for 12 months ie it doesn’t count