Free Universal Credit & Benefits Calculators Calculate How Much You Should Get

HOUSEHOLDS who apply for universal credit and other benefits can use free online calculators to determine how much money they should receive.

Millions of Britons will benefit from an additional increase of £ 1,000 per year as a result of a reduction in the universal credit degressivity rate. You may want to verify the new amount of your payment.

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We explain how to check the amount you should receive in benefitsCredit: Alamy

The latest official figures show that there were 5.8 million people on Universal Credit on October 15.

About 2 million of them are expected to benefit from the reduced taper rate before Christmas.

The first beneficiaries will start receiving their increased funds today and the rest will receive the increased amount on their next pay date.

The government slashed the cut rate by 8 pence per pound – as part of a victory for The Sun’s Make Universal Credit Work campaign.

The declining rate limits the amount of earnings that those claiming the benefit can keep.

After the reduction, applicants will be able to keep more of their money.

The change comes after Chancellor Rishi Sunak removed the £ 20 a week boost to universal credit, which was introduced during the pandemic.

The hike, worth £ 1,040 a year, was a temporary measure that was extended several times until it ended in October.

Free benefit calculators

There are several free online benefit calculators that will break down your payments and what you’re entitled to.

We have asked organizations if the calculators have been updated to reflect the change in the rate of decline and will confirm when they respond.

You should already have been informed of the amount of your payments.

If you are not sure, you can access Universal Credit support through your online account.

Benefit calculators include:

You will usually need to respond to information about your life situation and your job to get an accurate number.

If you live with someone else, you will also need to answer questions about them.

Indeed, the amount to which you are entitled will depend on the total income of your household and your savings.

Last year, Turn2Us updated its calculator to include six new questions relating to the coronavirus pandemic.

What other help is available?

Most coronavirus-related support programs have ceased now that the lockdown is over.

But there are always ways to access additional help if you are struggling financially.

We have explained how you can access additional money.

Request services: If you haven’t already signed up, it’s worth checking to see if you’re eligible for benefits, including universal credit.

You can use the calculators above to determine what you might be claiming.

Once you’ve done that, use the Gov.uk website for more information on how to initiate a claim.

Free scholarships: Low-income families may be eligible for charitable grants to cover housing costs.

Since grants are generally different from loans, most do not have to be repaid.

Turn2Us has a tool that can help you check for grants available near you on their website.

You will need to enter your zip code, gender and age.

You can also apply for the Government Household Support Fund, designed to help pay for food, bills and other basic necessities.

Food banks: You may be able to get free food from your local food bank if you are having difficulty.

Families and individuals are referred to a food bank if they are identified as needing additional support.

This is usually done through a variety of different professionals such as doctors, medical representatives, social workers, and citizen councils.

Once referred, the person receives a voucher which can be exchanged for an emergency package with a minimum of three days of food.

The Trussell Trust has an online tool where you can find the nearest food bank.

Support groups and charities: If you are worried about your finances, the Money Advice Service is an independent organization created by the government that offers free advice to help you with your finances.

You can contact them for free via their website.

You should also consider contacting Citizens Advice or StepChange for free advice.

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