Answering financial questions

I have another form to complete about my daughter’s finances. I am always unsure of when is the best time to do these because it fluctuates such a lot with rent going out, benefits going in etc. UC always say you need to tell them of any changes in finance but surely I don’t have to tell them when, say £550 goes out for their rent.

Then there are things like they try and save a bit for a holiday or something Substantial for the flat. If I fill in the form and include that then a month or so later it could be, say, £1,000 less.

Hi @Penny I think the changes in finance that the DWP refer to in regard to UC are major changes, such as a person stopping or starting any kind of paid employment, receiving an inheritance which would push their savings above the threshold etc, not day-to-day expenses going in and out of the account.

However if you would like more clarification around this, the following website is excellent for information and also has a forum where you can ask questions.

Hope this helps,
Eastendgirl

Thanks for posting but you have to pay to join the forum.

You don’t have to pay to read the forums, only to post.

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I tried but could only read one. Will try again, thanks

I’ve messaged the mods to reply to this one.

I think @eastendgirl is referring to https://www.benefitsandwork.co.uk re having to pay to post on the forum.

The search facility still works for free.

The CAB should be able to advise too.

Changes can include:

  • finding or finishing a job
  • having a child
  • moving in with your partner
  • starting to care for a child or disabled person
  • changing your mobile number or email address
  • moving to a new address
  • changing your bank details
  • your rent going up or down
  • changes to your health condition
  • becoming too ill to work or meet your work coach
  • changes to your earnings (only if you’re self-employed)
  • changes to your savings, investments and how much money you have
  • changes to your immigration status, if you’re not a British citizen

They don’t need to know that you’re paying your rent, or that you’re saving for a holiday, or for clothes. Those are quite normal things, so not a concern, unless the savings go over a certain amount. The current limit is about £6,000.

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Yes, Carers UK Forum is free to join and free to post :slightly_smiling_face:

A post was merged into an existing topic: Roll Call March 2024