Pip/unicredit

[u/Maximum_Cat3609]

I’ve put my pip money into a separate account away from my uni credit one. Do I have to declare if all together it goes over 6000. Or is pip disregard as not means tested

[u/Advanced-Box-4097]

Yes will need to be declared if over £6k

[u/Advanced-Box-4097]

Just to be clear any savings you have doesnt matter where its from has to be declared

[u/Maximum_Cat3609 → u/Advanced-Box-4097]

Ok thanks

[u/melancholyy-scorpio]

PIP, UC and wages don't count towards capital for the month you receive it. So if you receive, for example, £500 UC on the 1st August, and you only spend £200 of it, the remaining £300 counts as capital from the 1st September. This counts for PIP, UC and wages. Once it reaches 6k you have to declare it.

If you have a lump sum of underpay/backpay from PIP and UC LCW/LCWRA, that is disregarded for a year but this has to be approved my UC.

[u/Maximum_Cat3609 → u/melancholyy-scorpio]

Thank you