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Repayment period for an advance payment
Back in the dim and distant past, when they were trailing the mnaged migration regs, I thought they planned to extend the period over which an advance payment was recovered to 18 months.
I can’t find it in the MM regs nor discussed in a few online resources.
Did I dream it?
Think it was a mention in the December 2018 budget (together with change to max recovery rate of 30%) but has never materialised.
In any case, nothing about time periods in any regs - it’s policy rather than law. Max rates of recovery of some advances in regs (ie 15%/25% std all) but no max if ‘benefit transfer advance’ made under the TP Regs.
Template JR letters on our JR project page about rates of advance/OP recovery.
https://www.instituteforgovernment.org.uk/blog/universal-credit-budget-changes This says it is changing to 24 months from October 2021, which I vaguely remember from somewhere
Wasn’t the issue that the 18 months included a deferral period which effectively made things no better and in some cases meant collection at a higher rate and thus worse?