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Capital declaration 12 months after UCMM
Hiya. I am wondering if anyone is aware how UC get an up to date capital amount from claimants that have manage migrated to UC. I have a client who is approaching their 12th assessment period following UCMM and I am unaware of how UC will request their current capital amount, if at all. I would assume that something would go into the to do list after the 12th assessment period asking for an up to date amount. Or will it be the claimant responsibility to provide this information without being prompted to do so. Has anyone reached this point in a migration claim and is aware what the process is please?
My memory of what we’ve been told previously is that claimants will be asked to evidence their savings, but I’d be very interested to hear whether that happens or not
So I have just assisted a client to advise of their new savings after 12 months following migration. A note is posted on the journal the day after their 12 assessment period ends advising them they their capital may stop their UC from being paid. They are then advised to repost their up to date savings using the report a change button on their home screen. They then have to redeclare all of their bank accounts and then what is in them and the date the change happened which we just put as the date after last assessment period ended. So it was pretty straightforward and the clients are prompted to provide up to date info. They are given 2 weeks to provide the information to UC.
Thats good news Kathryn, so seems UC have a system to send the capital notification
So I have just assisted a client to advise of their new savings after 12 months following migration. A note is posted on the journal the day after their 12 assessment period ends advising them they their capital may stop their UC from being paid. They are then advised to repost their up to date savings using the report a change button on their home screen. They then have to redeclare all of their bank accounts and then what is in them and the date the change happened which we just put as the date after last assessment period ended. So it was pretty straightforward and the clients are prompted to provide up to date info. They are given 2 weeks to provide the information to UC.
Thanks for letting us know Kathryn - very helpful :)