Housing Benefit

Glaikityin | 12:01 Mon 15th Feb 2010 | ChatterBank

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How much savings are you allowed to have before it affects housing and council tax benefit.

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ummmm

£6,000 you don't have to declare.

Glaikityin

Question Author

Thankyou ummmm. Since Nov, the level for savings has increased to £10,000 if you get pension credit without it affecting housing or council tax benefit. I knew I had read it somewhere and have just gone through my SAGA mags to confirm this (June 2009 edition). Been very lucky to have been left some money and wanted to be sure I was still on the right side of the law! Problem now is do I leave it in bank, seeing manager tomorrow, or do I buy something nice to myself which will not depreciate in value hopefully.

Glaikityin

Question Author

FAO ummmm re Housing benefit query. Please see previous post.G