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DEPARTMENT OF WORK AND PENSIONS STATEMENT ON TIMEBANKING

OF WORK AND PENSIONS STATEMENT ON TIMEBANKING January 2014

The treatment of those claimants on ‘timebanking’, or ‘time-exchange schemes’, remains unchanged (since 2000). It is not regarded as ‘voluntary’ work as that is carried out without reward, or expectation of reward. In time-exchange schemes, those involved are taking part in the expectation of a future reward in the form of ‘hours’ that can be exchanged with another community member who will provide a service required. Neither is it regarded as ‘remunerative work’, unlike the Local Exchange Trading Scheme (LETS), therefore the 16 or 24 hours restriction will not apply to Jobseeker’s Allowance claimants on time-exchange schemes. Unlike voluntary work, any expenses or payments made to those on time-exchange schemes will not be disregarded: any cash payment received by anyone on a time-exchange scheme will be fully taken into account in assessing income-related Jobseeker’s Allowance or Employment and Support Allowance. IS & JSA Strategy | Department for Work & Pensions | www.dwp.gov.uk

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