It’s a common misconception that benefits are only available if you’re out of work – even a few households with a family income of up to £73,000 are entitled.
And with the current coronavirus crisis, more people will now be able to claim benefits, so make sure you’re not missing out.
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To find out what you’re entitled to check out Martin Lewis’s 10 minute calculator and see how much you could get.
The calculator will work out what you’re due in low income support.
It will also flag up some (but not all) relevant non-means-based benefits that depend on circumstances such as your health.
The financial journalist, who often shares his money insights on several TV and radio shows, recently explained how much Universal Credit support could be worth.
“At the top end, including housing allowances, it can be worth £1,500/month tax-free,” he said on his Money Saving Expert website.
“So if you’re struggling, check if you’re eligible – use our 10-min Benefits Check tool to see.
“Though those with savings above £6,000 get less (rightly or wrongly – you’re expected to support yourself then more).”
Join the London Coronavirus Updates Facebook group
We’ve set up a Facebook group for London residents to share information and advice which benefits the community and helps keep people safe regarding the current pandemic.
Please join this group to share information, find out more and offer or get help in the local community if it’s needed.
Join the London Coronavirus Updates group here.
The main thing to remember is benefits are not just for the unemployed, even someone earning a high salary could be eligible for some help.
Up to seven and a half million households are missing out on £16 billion a year of means-tested benefits, the latest Government figures show and that’s without adding on non-means-tested benefits such as those for disabilities – so it’s well worth a 10 minute check.
Do you think the Government has offered enough financial support during the pandemic? Let us know in the comments below.