Housing Benefit - Eligibility and Restrictions Tax and Benefits

Housing Benefit - Eligibility and Restrictions

If you are unemployed or on a low income you could be eligible to claim Housing Benefit from the government to help partially or fully pay for your rent. Eligibility for Housing Benefit If your income and capital (any savings or investments) are below a certain threshold you may qualify, whether you are out of work or in work with a lower income. Here is a link to check your eligibility for Housing Benefit Restrictions of Housing Benefit If you have savings of over £16,000 you will not be able to claim Housing Benefit, unless you are getting the ‘guarantee credit’ of Pension Credit You will not be able to claim if live...
Tax Credits Tax and Benefits

Tax Credits

There are two types or tax credits, working tax credit and child tax credit. Working tax credit is a benefit paid to you based on the number of hours you work and get paid for. It was introduced to encourage people to work even if they are in low paid jobs. Child tax credits are paid to you if you are responsible for at least one young person and that young person is living with you. Being employed is not essential in order to claim child tax credits. Tax credits are not taxable, they are paid as a form of benefit, many people are eligible for both types of tax credits. According to the government 90% of UK families are eligible for...