I received a letter this morning from DWP. This states that from April when all benefits go up, I will not be entitled to Pension Credit. At the moment I get £1.40 a week, but in April I will be 31p over the limit. Does anyone know whether this will affect my housing/council tax benefits? The DWP say that when I reach 65 I can apply for the Savings Credit, but this seems so complicated and I don't really understand it at all. And does this have the same benefits as the Pension Credit I get now (guaranteed credit). I am totally confused, can anyone help with some answers? PLEASE.....
Council tax / housing benefit is dependant on income, from what you say your income will not change by more than a few pence per week. If so the change, if any, in housing benefit will be very small.