You may be eligible for more in benefits than you expect. Using a benefit calculator could help you find out that you’re entitled to more than you’re currently receiving.
This calculator, provided by independent money advisors Entitledto, gives you an easy and clear way to see the benefits you and your household should be receiving. Entitledto also offer a helpful budgeting tool, which can help you manage your money in a way that suits you.
If you have not reached the state pension age and receive certain benefits, there may be a limit on the total amount of benefits your household can receive – this is called a benefit cap. If your income goes above this amount, which is based on your household and circumstances, your other benefits will be reduced until your income falls below the limit.
To find out if the benefit cap applies to you, visit the government website here.
Universal Credit is a new scheme that brings together some of your benefits, merging them into one payment. The benefits replaced by Universal Credit are:
• Child Tax Credit
• Housing Benefit
• Income Support
• Income-based Jobseeker’s Allowance (JSA)
• Income-related Employment and Support Allowance (ESA)
• Working Tax Credit
If your life changes in a way that means you might need to claim one or more of these benefits, you will be asked to sign up for Universal Credit. If you’re making a new claim, please note that your first payment will take approximately six weeks to arrive.
If you already receive any of these benefits, you should wait until you hear from the Department for Work and Pensions (DWP) before moving to Universal Credit – unless you have a change in circumstances.
Find out more about Universal Credit on the government website.