Categories
Finance

Carer’s Allowance: How to check if you can claim £278 a month

Carer’s Allowance is a payment provided by the Department for Work and Pensions (DWP) available to those who provide unpaid care to others. Claimants could be able to get £69.70 a week, totalling around £278 per month or more than £3,000 per year. People may be eligible if they, the person they care for and […]

Categories
Finance

State pension age Britons may be eligible for Attendance Allowance

However, the funds don’t need to be spent on care – they can be put towards other things like bills. Attendance Allowance is paid at two rates, the lower rate and the higher rate. People who need help during the day or at night could be eligible for the lower rate, which amounts to £61.85 […]

Categories
Finance

DWP responds to petition for Carer’s Allowance to be increased

A petition calling on the Government to increase Carer’s Allowance inline with the National Minimum Wage of an 18-year-old has accumulated more than 20,000 signatures – double the amount that is needed for the Department for Work and Pensions (DWP) to take notice. The petition was set up by Emma Roberts who claims the weekly £69.70 Carer’s Allowance […]

Categories
Finance

Attendance Allowance set to be replaced for thousands of people

Currently, Britons who have reached state pension age may be eligible for Attendance Allowance to help with the financial costs that arise from having a long-term health condition or illness. In the UK, the state pension age is 66 but this is expected to rise in the future. Pension Age Disability Payment will replace Attendance […]

Categories
Finance

Are you eligible for Carer’s Allowance payment worth £3,674 a year?

They’ll usually stop getting the severe disability premium paid with their benefits, as well as the extra amount for severe disability paid with Pension Credit. It may also stop them from getting reduced council tax. To check the impact Carer’s Allowance might have on the severe disability payment, claimants are advised to contact whoever pays […]

Categories
Finance

Carer’s Allowance from DWP is worth £3,624 a year – full guide

A bonus worth £10 is paid to eligible carers in December. Furthermore, applicants can also backdate a claim by up to three months. Britons can apply online on the Government website or by calling 0800 731 0297. Carers are also entitled to a host of other benefits that could help them make big savings throughout […]

Categories
Finance

State pensioners get extra £92.40 a week via Attendance Allowance

Recently, Middletons Mobility broke down the various disabled benefit payments being offered by countries across Europe. The UK was found to have the largest disabled population in the continent of 14.6 million, however, it only offers an average disability benefit allowance of £679.90. In comparison, Switzerland has the second largest number of disabled people in […]

Categories
Finance

Which medical conditions qualify for Attendance Allowance?

One in five pensioners are living in poverty in the UK, according to a report published by the Centre for Ageing Better which says this adds up to two million people who have reached state pension age. Meanwhile, some £15billion is lost in unclaimed benefits every year in the UK with pensioners the most likely […]

Categories
Finance

The impact of high inflation on the lifetime allowance

The ultimate effect of rising inflation is that it can wipe years of retirement income off pension pots as savers must increase the amount they withdraw to maintain the same spending power each year. However, the impact of inflation varies depending on what sort of pension a person has. During a period of financial uncertainty, […]

Categories
Finance

Carer’s Allowance payments ‘falling behind’ inflation

“Unpaid carers provide the majority of care in this country – they are the pillar of our NHS and social care system and are facing one of the toughest situations ever. “Without them, these systems would collapse. Yet too often carers feel invisible to the Government. As our new Prime Minister, Liz Truss must recognise […]