So, i was wondering what classes as income, and what classes as capital?
I was recently awarded ESA and had a back payment of over £3,600. I know that this money is not classed as capital for the first 52 weeks.
But what about your regular ESA payments? For instance, say i receive my regular fortnightly ESA payment of £250.10 today. Is that £250 classed as capital, or will it only class as capital if i save it for over 52 weeks?
If i saved up the last 6 months of ESA payments, would they not count as capital until 52 weeks?
Can that backdated money be spent as i wish? I owe a family member i live with backdated rent which is over £3,000. Plus i need a new computer which will be another £800 or so.