Universal Credit

(asked on 4th June 2020) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether accounting regulations prevent her Department classifying money provided in universal credit advance payments which are required to be paid back at a later date to be seen as loans.


Answered by
Will Quince Portrait
Will Quince
This question was answered on 9th June 2020

Advances are provided for in legislation as payments on account of future entitlement to benefit. They are accounted for accordingly.

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