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795376
registered interest false more like this
date less than 2017-11-27more like thismore than 2017-11-27
answering body
Department for Work and Pensions remove filter
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Universal Credit: Personal Savings more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text whether savings held in the name of children are taken into account in applications for universal credit. more like this
tabling member constituency Stirling more like this
tabling member printed
Stephen Kerr more like this
uin 115797 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2017-12-05more like thismore than 2017-12-05
answer text <p>Savings and other capital held in the name of children are not taken into account in the assessment of Universal Credit entitlement. As with other means tested benefits, however, there are rules to prevent claimants depriving themselves of capital in order to claim Universal Credit or increase their entitlement to Universal Credit. If claimants deprive themselves of capital by gifting the capital to their children or placing it in a child’s account, notional capital of the amount deprived may still be taken into account when assessing entitlement to Universal Credit.</p> more like this
answering member constituency East Hampshire more like this
answering member printed Damian Hinds more like this
question first answered
less than 2017-12-05T15:25:13.62Zmore like thismore than 2017-12-05T15:25:13.62Z
answering member
3969
label Biography information for Damian Hinds more like this
tabling member
4604
label Biography information for Stephen Kerr more like this