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What is outrageous if that the UK prevents you from getting any benefit of you have any savings. It's basically encouraging you to not save any money.
by ktzar 5y ago
What is outrageous if that the UK prevents you from getting any benefit of you have any savings. It's basically encouraging you to not save any money.
- dazc 5y agoNot true. Job Seeker's Allowance is not means-tested. https://www.gov.uk/jobseekers-allowance/eligibility https://www.gov.uk/jobseekers-allowance/eligibility If you are still unemployed whan that runs out your savings are taken into account but you can still have £16K. https://www.gov.uk/universal-credit/eligibility https://www.gov.uk/universal-credit/eligibility
- NohatCoder 5y agoNot good, but at least that limit is better than the 10k DKK limit in Denmark, you basically can't even have a proper rainy day fund or own a car.
- mattowen_uk 5y agoThis is not true. The new universal credit rules allow you a certain amount of savings. A member of my family has just been on universal credit due to the pandemic impacting her work sector, and they still gave her benefits even with her having savings, it's slightly adjusted down, but she still got payments.