questionText: To ask the Chancellor of the Exchequer, what estimates his Department has made of the number of claimants who are receiving tax credits with savings above £16,000 that will no longer be entitled to Universal Credit.
answerText: No estimate has been made of the number of those receiving tax credits with savings above £16,000 that will no longer be entitled to Universal Credit. Tax credits recipients are not required to report savings in order to claim tax credits.
heading: Welfare Tax Credits