Manchester City Council

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

Income from your capital

Actual income from your capital 

We don't count interest on your savings as weekly income. We count your total savings as part of your capital. 

We don't count your home, business assets or money held in trust as part of your capital, but we do count any income you get from them as weekly income. For example, if you rent out part of your home we will count some of the rent you get as weekly income.

Income we must assume your capital earns 

We must assume that you get an amount of income each week from your capital. The amount is set by the government and doesn't change with interest rates. It's called 'tariff income'. We add it to your other income to work out your total weekly income. The amount of 'tariff income' we use depends on your/your partner's age:

  • If you and your partner are below the qualifying age for State Pension Credit and your capital is between £6,000 and £16,000 the law says we must assume that you get 'tariff income' each week from your capital. Check how we work it out in the table below.
  • If you or your partner are above the qualifying age for State Pension Credit and your capital is between £10,000 and £16,000 the law says we must assume that you get 'tariff income' each week from your capital. Check how we work it out in the table below. (If one of you gets the guaranteed part of Pension Credit your income details are given to us by the Pension Service - we don't work it out.)

Find your State Pension Credit qualifying age first to see which column to use in the table to work out the tariff income on your capital. Make sure you look at the date you may be entitled to receive Pension Credit from, not the date you reach State Pension age.

Table of tariff income:


Amount of capital in pounds Weekly 'tariff income' in pounds if you are below the qualifying age for State Pension Credit  Weekly 'tariff income' in pounds if you are above the qualifying age for State Pension Credit
6,000.01 - 6,250 1 0
6,250.01 - 6,500  2  0
 6,500.01 - 6,750  3  0
 6,750.01 - 7,000  4  0
 7,000.01 - 7,250  5  0
 7,250.01 - 7,500  6  0
 7,500.01 - 7,750  7  0
 7,750.01 - 8,000  8  0
 8,000.01 - 8,250  9  0
 8.250.01 - 8,500  10  0
 8,500.01 - 8,750  11  0
 8,750.01 - 9,000  12  0
 9,000.01 - 9,250  13  0
 9,250.01 - 9,500  14  0
 9,500.01 - 9,750  15  0
 9,750.01 - 10,000  16  0
 10,000.01 - 10,250  17  1
 10,250.01 - 10,500  18  1
 10,500.01 - 10,750  19  2
 10,750.01 - 11,000  20  2
 11,000.01 - 11,250  21  3
 11,250.01 - 11,500  22  3
 11,500.01 - 11,750  23  4
 11,750.01 - 12,000  24  4
 12,000.01 - 12,250  25  5
 12,250.01 - 12,500  26  5
 12,500.01 - 12,750  27  6
 12,750.01 - 13,000  28  6
 13,000.01 - 13,250  29  7
 13,250.01 - 13,500  30  7
 13,500.01 - 13,750  31  8
 13,750.01 - 14,000  32  8
 14,000.01 - 14,250  33  9
 14,250.01 - 14,500  34  9
 14,500.01 - 14,750  35  10
 14,750.01 - 15,000  36  10
 15,000.01 - 15,250  37  11
 15,250.01 - 15,500  38  11
 15,500.01 - 15,750  39  12

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

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