MoneyMagpie

Join MoneyMagpie today!
Log in or Register.

Reply To: Benefits on a cut wage

Home Messageboards Benefits & Financial Support Benefits on a cut wage Reply To: Benefits on a cut wage

#150639
Annie ThorpeAnnie Thorpe
Keymaster

Hi Paul,

You may be eligible for Universal Credit support if your income has been reduced. It depends on your circumstances (such as whether you live with a partner who is also working), and if you have any savings or assets (like second properties).

If you have capital over £16,000 (either on your own or between you and your partner), you won’t be eligible. Anything between £6,000 – £16,000 will reduce how much you’re entitled to, but you could still get something.

Head to the Universal Credit application page – fill out the answers and it’ll tell you if you’re entitled to receive benefits. Hope that helps!