DWP Benefits Calculator to easily check if you are missing additional support
The rising cost of living is hitting more households each month as rapidly rising food and fuel prices propelled inflation to a new 30-year high of 7% in March. And amid warnings that the situation is yet to account for the 54% average rise in energy bills applied to around 22 million homes in early April, the situation is set to worsen over the coming months.
The Office for Budget Responsibility (OBR) predicts UK inflation will now average 7.4% this year and peak at 8.7% in October as the conflict in Ukraine worsens the crisis – the lowest level higher since the oil shock of the late 1970s and early 1980s. On the other hand, other costs are expected to increase this year and most households will have already cut their budgets to the maximum.
The Resolution Foundation recently said that every household can expect spending to rise by £1,200 this year – alongside rising energy, food and fuel bills there is also an increase in national insurance rate which came into force this month, reports the Daily Record.
Read more: DWP lists 87 PIP muscle or joint conditions you could get up to £156 a week for
What can I do to avoid pinching?
Unfortunately, there’s no getting around it – households are already thinking carefully about their spending across the board to counter price spikes they can’t control, such as energy and fuel.
But one area that many people may not have thought of is applying for additional financial support from the Department for Work and Pensions (DWP) or HM Revenue and Customs (HMRC).
Even consumer champion Martin Lewis recently advised households earning less than £30,000 to use an online benefits calculator to check if they qualify for any benefits, discounts or reductions.
What is an online benefits calculator?
Online benefit calculators quickly calculate if you’re missing benefits and best of all, they’re completely free, independent and confidential to use – so there’s nothing to lose.
Within minutes, you’ll be able to find out how much extra help you qualify for, just by entering information about yourself, your residency status, your work status, and any savings you have.
You can use an independent benefit calculator to find out:
- What benefits you could get
- How to claim
- How your benefits will be affected if you start working
Where to find help
Information on income related benefits, tax credits, Council Tax Reduction, Carer’s Allowance, Universal Credit and how your benefits will be affected if you start working or change your working hours.
Policy in practice
Information about income-related benefits, tax credits, contribution-based benefits, council tax reduction, care allowance, universal credit, how they are calculated and how your benefits will be affected if you start working or change your working hours.
Information about income-related benefits, tax credits, contribution-based benefits, council tax reduction, care allowance, universal credit and how your benefits will be affected if you start to work.
what you will need
You will need specific information about your:
Income, including that of your partner
Existing benefits and pensions (including anyone living with you)
Expenses (such as rent, mortgage, childcare costs)
Last residence tax bill