Manchester City Council

Benefits & support How savings, investments and property affect your Housing Benefit and Council Tax Support

How much capital can I have?

If you have a partner we add together your capital and your partner's capital to work out your Housing Benefit and Council Tax Support. The total amount of capital affects your benefit as follows:

  • Total capital of £6,000 or less does not affect your benefit at all if you are 'working age'. By this we mean you are below the qualifying age for State Pension Credit. This age is increasing from 60 to 66 in line with the increase in the state retirement pension age for women.
  • Total capital of £10,000 or less does not affect your benefit at all if you or your partner are above the qualifying age for State Pension Credit ('pension age'). 
  • Total capital between £6,000 and £16,000 - you may still get benefit but the rules say we must assume that you earn income from your capital, which, in turn, affects how much benefit you get. Follow the link to see how we work it out.
  • Total capital over £16,000 - you cannot get Housing Benefit or Council Tax Support unless you or your partner (or both of you) have reached the qualifying age for State Pension Credit and one of you gets the guaranteed part of Pension Credit. You may still be able to get Second Adult Rebate to help with your Council Tax though.

Find your State Pension Credit qualifying age. Make sure you look at the date you may be entitled to receive Pension Credit from, not the date you reach State Pension age.

To claim Housing Benefit and Council Tax Support or find out what you are entitled to use our online form.

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