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Clarifying a letter from DWP
Comments
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Just did a quick check and it seems they have the up to date amount correct - can I just clarify quickly that I’m working it out correctly though - do you multiply the monthly amount by 12 then divide by 52 to get the weekly amount?Marg
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ESA is a weekly benefit but is paid fortnightly. To get the annual amount you multiply the weekly amount by 52 (or the fortnightly payment by 26).
For the pension you are correct to take the monthly amount, multiply by 12 and divide by 52 to get the weekly amount.Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
ESA is a weekly benefit but is paid fortnightly. To get the annual amount you multiply the weekly amount by 52 (or the fortnightly payment by 26).
For the pension you are correct to take the monthly amount, multiply by 12 and divide by 52 to get the weekly amount.
Thank you and yes sorry I meant the pension amount - just wanted to check the amount on the letter is up to date before I do myself out of more money!:DMarg
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You don't need to do the calculation for them. You should report the pension as the monthly amount you receive or the annual total. Remember also that if you are paying tax on it the amount taken into account is the amount you receive, not the gross amount.Margaret_Skinner wrote: »Thank you and yes sorry I meant the pension amount - just wanted to check the amount on the letter is up to date before I do myself out of more money!:DInformation I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0
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