Frequently Asked Question

How do the level of my savings affect my Housing and Council Tax Benefit claims?

If your savings are 6,000 or less they are ignored. If your savings are between 6,000 and 16,000, they are taken into account. For every 250 (or part of) between 6,000 and 16,000 we will have to add 1 to your weekly income, unless you are over 60, in which case we add 1 for each 500 (or part of). If your savings are more than 16,000 you cannot claim. We do not count any actual interest you get on your savings.