PARLIAMENTARY WRITTEN QUESTION
Universal Credit (23 November 2018)

To ask the Secretary of State for Work and Pensions, what estimate her Department has made of the number of claimants of tax credits that will not be eligible for universal credit as a result of the savings limit qualification.

Asked by:
Karin Smyth (Labour)

The information requested is not readily available and to provide it would incur disproportionate cost.

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.

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.

Answered by:
Lord Sharma (Conservative)
4 December 2018