universal credit amounts

littleoldme_2

i hope some one can help me get my head around these figures regarding universal credit.

i know it doesn't come into force until next year but i like to be prepared.


from what i have read here http://www.legislation.gov.uk/ukdsi/2013/9780111531938/regulation/22

and http://www.legislation.gov.uk/ukdsi/2013/9780111531938/regulation/36


what you have to do is subtract the work allowance from earned income take 65% of this, plus any unearned income and subtract it from the
elements total.

which my figures would be

wages 1375 - 222 = 1153
65% of this = 749.45

unearned (carers) = 258.91

total deductions = 1008.36


elements standard = 489.06
first child = 272.08
second child = 226.67
low disabled = 123.62
rent = 304.00
total = 1415.43

difference = 407.07 + 1375 = 1782.07

but if i use http://policyinpractice.co.uk/universal-credit/universal-credit-calculator/ putting in same amounts used, says i will get this.

base = 489
child = 498
tent = 304

total = 1291 + 1375 = 2666

as you can see there is a vast difference between what i worked out and that site did.
i have not added carers, child benefit or dla as these are not changing.

the first makes me worse off by 140 and the second better by 745.

i was under the impression that you wouldn't be worse off when uc comes into force but i much doubt that i could be that much better off.

am i using the figures correctly ?

thanks

littleoldme_2

looks like there is more than me confused with the figures , was so hoping someone would of been able to explain it to me

Icequeen99

littleoldme wrote: »

i hope some one can help me get my head around these figures regarding universal credit.

i know it doesn't come into force until next year but i like to be prepared.


from what i have read here http://www.legislation.gov.uk/ukdsi/2013/9780111531938/regulation/22

and http://www.legislation.gov.uk/ukdsi/2013/9780111531938/regulation/36


what you have to do is subtract the work allowance from earned income take 65% of this, plus any unearned income and subtract it from the
elements total.

which my figures would be

wages 1375 - 222 = 1153
65% of this = 749.45

unearned (carers) = 258.91

total deductions = 1008.36


elements standard = 489.06
first child = 272.08
second child = 226.67
low disabled = 123.62
rent = 304.00
total = 1415.43

difference = 407.07 + 1375 = 1782.07

but if i use http://policyinpractice.co.uk/universal-credit/universal-credit-calculator/ putting in same amounts used, says i will get this.

base = 489
child = 498
tent = 304

total = 1291 + 1375 = 2666

as you can see there is a vast difference between what i worked out and that site did.
i have not added carers, child benefit or dla as these are not changing.

the first makes me worse off by 140 and the second better by 745.

i was under the impression that you wouldn't be worse off when uc comes into force but i much doubt that i could be that much better off.

am i using the figures correctly ?

thanks

Just on your last point, there are some people who will be worse off when UC comes in. Transitional protection is being given so that people are not worse off financially at the point they move to UC, but that only applies if people are 'managed' across to UC. If you have a change of circumstances that causes you to move across, you don't get the transitional amount.

In such cases, it is entirely possible you can be worse off under UC. particularly if you have disabled children.

IQ

365days

That second calculator link says I'll be getting nothing!!

littleoldme_2

yes i could be because i have a disabled son.
think its going to be a case of waiting till nearer next year and seeing if more calculators become available .
in the mean time i think it would be sensible of me to start looking at what can be cut down and start saving a little extra.

toomuchinfo

You would get the carer element too as you get Carers Allowance.

littleoldme_2

toomuchinfo wrote: »

You would get the carer element too as you get Carers Allowance.

i dismissed this as i didnt think i would get it because , it keeps saying you have to look after severely disable person ( which my son gets middle care and low mobility )

if i were to include that amount it would put me in the same position i am in now.

it doesn't seem so bad now.

paddedjohn

I thought carers couldnt be claimed if you worked and earned over £100 per week or is it differen if caring for a child?

toomuchinfo

paddedjohn wrote: »

I thought carers couldnt be claimed if you worked and earned over £100 per week or is it differen if caring for a child?

The OP is claiming the couple element so her own earnings are probably £100 or under so that she can claim Carers Allowance.

zagfles

Is 1375 your net or gross income? The UC calculation uses net income (ie after tax & NI), but I think the PIP calculator wants gross income.

It also says entering unearned income is a premium feature!

littleoldme_2

zagfles wrote: »

Is 1375 your net or gross income? The UC calculation uses net income (ie after tax & NI), but I think the PIP calculator wants gross income.

It also says entering unearned income is a premium feature!

hi , yes i used husbands net amount . ( i don't work , i claim carers and stay at home to look after the children )

i didn't notice that the calculator was not taking off unearned income.

whats the point in having the calculator if its not going ask for all the information. i did have a look to see how much the premium feature cost but couldn't find a price.