Written Question·Department for Work and Pensions·UIN 44738

Universal Credit

Tabled: 7 April 2025
Answered: 22 April 2025

Question

Ian Roome

Liberal DemocratNorth Devon

To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the impact of ownership of illiquid assets on Universal Credit eligibility.

Answer

Sir Stephen Timms
No assessment has been made. Universal Credit broadly follows the capital rules from legacy means-tested benefits, e.g. income-based Jobseeker’s Allowance. The treatment of capital in any benefit that assists with living expenses is not a straightforward ...

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