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Derby. A city for all ages

 

Your capital or savings

People of working age

  • If you have less than £6,000 this is ignored completely for Housing and Council Tax Benefit purposes.
  • If you have more than £16,000 you are not entitled to Housing Benefit or Council Tax Benefit. 
  • Every £250 between £6,000 and £16,000 is treated as an extra £1.00 per week on your income.

People over working age

  • If you have less than £6,000 this is ignored completely for Housing and Council Tax Benefit purposes.
  • If you have more than £16,000 and you are not getting a Guarantee Credit, you are not entitled to Housing or Council Tax Benefit.
  • Every £500 between £6,000 and £16,000 is treated as an extra £1.00 per week on your income if you are getting Savings Credit.
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