Can anyone settle a disagreement concerning savings while claiming benefits, especially housing benefit.Does anyone know the savings limit for them. Thanks in advance.
Housing Benefit is subject to normal capital limits.
First £6000 in savings is ignored.
Assumed tariff income of £1 for every £500 in savings between £6000 and £16000.
Above £16000, no HB entitlement.
Slightly different figures for resident of care home or client over 60.