u/Creepy_Layer9048

Made a savings blunder, what would happen now

Following my previous post, I reported my savings of 6013 (including my ISA) before pending to UC however it got incorrectly calculated (my isa might have been calculated twice) making it look like in have £9289 in my savings when I clearly do not.

My pending transaction finally cleared and I had £5993 by the evening but reported before that happened

I may have put the isa down twice somewhere mistakenly. I sent a journal message clarifying my mistake and not sure what to do, I could rereport it but wouldn't that complicate things?

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u/Creepy_Layer9048 — 2 days ago
▲ 2 r/BenefitsAdviceUK+1 crossposts

Need help about PIP/UC and assessment periods and thresholds

So basically in my savings, I have an available balance of 5992 (excluding £20,165 because of pip backpayment already reported to the dwp and disregarded for 12 months) but £21.80 has not been cleared yet because its still a pending transaction so it appears i have £6014 in total (taking me over the 6k limit).

What confuses me the most is that during my assessment period between 19th April to 18th May, I got paid UC LCWRA and PIP high rate (1400 in total) on the 24th of April taking ​me up to £6900 and spent some since then.

From research I looked at online, it says that these payments only count as capital at the end of the following assessment period if anything left is unspent so basically I dont need to do anything until the next assessment period? (19th May- 18th June) or am I wrong?

Could someone please help clarify this because its so confusing and complicated! I have health conditions that cause brain fog and processing issues and I have severe anxiety which doesn't help at all either!

Could someone help me out? I plan to report my 6k savings and send a journal message before that for help.

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u/Creepy_Layer9048 — 4 days ago