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What benefits am I eligible for?

HolaMundo21
Posts: 1 Newbie
My probationary period has sadly come to an end after 3 months. I am now out of work.
Before this, I did a short contract for 4 months and before this, I was self employed.
I am currently renting in a shared house and I have savings of over 16k.
Am I eligible for any benefits?
Before this, I did a short contract for 4 months and before this, I was self employed.
I am currently renting in a shared house and I have savings of over 16k.
Am I eligible for any benefits?
0
Comments
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Have you applied for JSA?0
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Go to entitledto .co.uk and complete their online benefits calculator, this will let you know:wave:0
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The benefits system in the UK is on the move. The old style unemployment benefits are merging into Universal Credit.
Universal Credit is rolling out for couples and families but it has already kicked in for single people.
You will make an application for it via the Internet, and in the event that you decide to apply for it, it is better you do so sooner than later as the application takes many weeks to kick in.
You have savings over £6000, so this will reduce the amount of Universal Credit you get, albeit slightly.
If you have savings over £16,000 (you seem to be on that mark right now), then you will not be eligible for Universal Credit. You will be deemed to have enough money to live on.
If you want your savings to be ignored, you can apply for Jobseekers Allowance.
Recall that Universal Credit merges all the of the old benefits into a single claim, thus UC claims are easier to manage for a number of reasons.
UC is a single payment that can be topped up with an element to help pay your rent. JSA will entail making a separate claim for Housing Benefit.
If you get any work, you manually need to inform JSA and Housing Benefit, in order that your claim can be recalculated. The lag in the system updating itself has caused overpayments in the past.
UC will automatically know your earnings.0
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