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<p>The information requested is not readily available and to provide it would incur
disproportionate cost.</p><p> </p><p>As announced on 7 June 2018, for claimants with
capital exceeding £16,000 who are moved onto Universal Credit by the Department, any
capital which exceeds the limit will be disregarded for 12 months, which means they
are entitled to Universal Credit. This protection period for claimants is contingent
on parliamentary approval of the required legislation.</p><p> </p><p>Our most recent
estimate for the number of tax credit claimants with capital in excess of £16,000
likely to be managed migrated, across Great Britain, is around 50,000. Analysis shows
that approximately 80% of these are estimated to have capital over £20,000, with approximately
50% estimated to have capital greater than £40,000.</p>
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