i live in uk
i just lost my job after 7 years now i got to claim job seekers allowance, how much money do i have to have in my bank or savings before i cant claim job seekers??
2007-11-22 03:29:54 · 7 answers · asked by johny 4 in Business & Finance ➔ Taxes ➔ United Kingdom
£8000+ Sorry about yhour job thats sad. You might find another one before your claim goes through anyway.
2007-11-22 03:33:51 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I am sorry about your job. when i was claiming income support (and if i remember the rules were the same) it was £3k but they do ask for bank statements dating back some weeks/months. So a rather crious transfer might show up. However, I was allowed to keep more than the £3k because I had good reason for it not to be used up on my daily living. They allowed me to keep it for 6 months.
good luck with the job hunting
2007-11-22 03:42:49 · answer #2 · answered by stile_usm 5 · 0⤊ 0⤋
Best wishes for a new job. You will find the Social Services system penalises the thrifty
2007-11-22 23:00:12 · answer #3 · answered by Scouse 7 · 0⤊ 0⤋
Good luck with getting a new job.
Hopefully you can claim straight away!
Keep your chin up mate.
2007-11-22 03:38:29 · answer #4 · answered by j.pee69 6 · 2⤊ 0⤋
sorry about your job.I am self employed,have not worked at all for 2 months + ,but would never draw benefits of any kind.spending from my savings at the momment and keep looking.I dont say you wrong for looking for benefits,just my personal opinion.
2007-11-22 03:39:01 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Think when it hits about £2000 you can still claim but get a reduction.I'd get a family member to open an account under their name to hide it!
2007-11-22 03:34:01 · answer #6 · answered by Anonymous · 0⤊ 2⤋
can't remember, but easy: open another account, with a few quid in, show them that one's statement
2007-11-22 03:33:55 · answer #7 · answered by Anonymous · 0⤊ 2⤋