answer text |
<p>The information requested is not readily available and to provide it would incur
disproportionate cost.</p><p> </p><p>We have, however, made an estimate for the number
of tax credit claimants with capital in excess of £16,000 likely to be managed migrated,
across Great Britain, which is around 35,000.</p><p> </p><p>As announced on 7 June
2018, for claimants with capital exceeding £16,000 who are managed migrated 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>
|
|