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We take account of the following
income:
- All of your earnings less tax, National
Insurance and half of any pension contributions you make. Your
earnings include commission, bonuses, tips, overtime, part-time
earnings and certain expenses.
- Working Tax Credit and
Child Tax Credit, Sickness benefit, Job Seekers Allowance
(contribution based), Employment & Support Allowance
(contribution based), State Pensions and benefits and pensions from
past employers.
- Maintenance payments (but not if paid for your
children), rent from sub-tenants and any other
income.
- If you and your partner are under 60 years of
age and have savings between £6,000 and £16,000, we have to add £1
a week to the income we use to work out your benefit for each £250
(or part of £250) of savings over £6,000. For example, if you have
£6,001 we will add £1 a week.
If you and your partner are 60 years of age or
over, instead of each £250 (or part of £250) we have to add £1 a
week for each £500 (or part of £500) of savings over
£10,000.
You must tell us about all of your income,
regardless of whether you think we count it as income or
not. |