If your finances have been affected by the pandemic, our Moneywise team can offer a benefits check for carers to make sure you’re maximising your income and help navigate the system for you.
Please call 0161 442 0442 and ask for Paula or Celia who will arrange a telephone appointment and discuss further. In unprecedented times like these we are here!
The government have introduced and updated a range of measures to help people manage financially during the Coronavirus pandemic. A number of these are listed below:
Help to Save
For every £1 saved (max of £50 per month), the government backed Help to Save scheme will give you an additional 50p. Anyone who meets one of the following criteria can apply:
- Receiving Working Tax Credit
- Entitled to Working Tax Credit and receiving Child Tax Credit
- Claiming Universal Credit and you (with your partner if it’s a joint claim) earned £604.56 or more from paid work in your last monthly assessment period.
Job Retention Scheme
This scheme provides a grant to employers to enable them to pay the wages of their workforce who remain on payroll but who are temporarily not working during the Coronavirus outbreak.
The grant will cover the lower of: 80% of an employee’s wages or £2,500 a month. The scheme will be open for 3 months and backdated to 1st March 2020.
Self-Employed Income Support Scheme
Under this scheme the government will pay self-employed people who are eligible for the scheme a taxable grant worth 80% of their average monthly profits over the last three years, up to £2,500 a month.
Jobcentre appointments and medical assessments
You will not be to attend appointments at the Jobcentre in person for at least 3 months, starting from Thursday 19 March 2020.
The DWP have also postponed all medical assessments for Universal Credit, Employment and Support Allowance, Personal Independence Payment and Industrial Injuries Disablement Benefit until at least 19th June 2020.
Jobseeker’s Allowance and Council Tax
Work availability and work search requirements have been suspended for at least 3 months.
The DWP have suspended recovery of certain debts.
A new Council Tax Hardship fund will reduce Council Tax Bills by up to £150 for anyone in receipt of Council Tax Support/Rebate.
If you have children eligible for free school meals who are not attending school you will still receive help – generally in the form of a voucher.
If you have had a baby you will be able to claim Child Benefit without having to register the child’s birth first.
Those receiving Jobseeker’s Allowance will be treated as being capable of work when self-isolating i.e. due to having Coronavirus, having symptoms or being in same household as someone with Coronavirus or having symptoms.
This period will not therefore be counted as a period of sickness and a JSA claimant will not lose entitlement to Jobseeker’s Allowance because of Coronavirus.
Statutory Sick Pay
This is now payable from day 1 of sickness (rather than day 4). As getting a fit note could be problematic, employers are urged to use their discretion about what evidence, if any, they ask for.
Where you need one, you are able to get an ‘isolation note’ from the NHS 111 Online service. If you are classed as ‘self-isolating’ or ‘shielding’ you are treated as being incapable of work.
New-Style Employment and Support Allowance
This is now payable from day 1 of sickness (rather than day 8). You are not required to produce a ‘fit note’ or ‘isolation note’. If you are self-isolating you are treated as having a limited capability for work.
The Standard Allowance increased by £20 a week for 12 months from 6th April 2020 and the Minimum Income Floor (MIF) suspended for everyone during the Coronavirus outbreak.
You will not be required to produce a ‘fit note’ or ‘isolation note’ to prove you have Coronavirus or are self-isolating.
If you have contracted Coronavirus or are self-isolating AND have written notification that you are not allowed to go to work you are treated as having a Limited Capability for Work (LCW) and are therefore entitled to a work allowance if treated as having LCW on the date your Universal Credit award is assessed.
You can receive an Advance Payment without having to physically attend a Jobcentre.
Working Tax Credit
The basic element of Working Tax Credit is also increased by £20 a week for 12 months from 6th April 2020.
A Working Tax Credit award will continue for 8 weeks if you have been furloughed or your hours have been reduced.