Does compensation affect benefits in the UK?

Compensation is treated as savings when it comes to means tested benefits. Means-tested benefits stop at a savings threshold of £16,000. But, any savings above £6,000 will reduce your benefits.

By Published On: February 6th, 2025Views: 192

Does compensation affect benefits in the UK?

Compensation is treated as savings when it comes to means tested benefits. Means-tested benefits stop at a savings threshold of £16,000. But, any savings above £6,000 will reduce your benefits.

By Published On: February 6th, 2025Views: 192