Tax Free Investments | Income Investment | Mutual Fund Investment | Fixed Income Investments
Income Support

Income support means the extra monetary help for the people e who have low incomes. Person who is seeking income support is earning by some kind of employment but his earning is not enough for his sustenance. In other words, the person is employed but earns low income.

You can seek income support if you are employed but sick or disabled a single parent responsible for a child less than 12 years of age, a carer or a registered blind. You qualify to get an income support if you are between 16 to 59 years of age, have a low income, Work less than 16 hours a week, do not get jobseeker's allowance, are not in the full-time study and are the citizen of the country concerned. You should not be earning more than £16,000. Income support is one of the important social welfare policies in UK. The person who is claiming income support may claim other benefits also such as Housing benefit, Council Tax Benefit and financial assistance for health costs.

If the claimant is studying in school or higher education, he is entitled to get income support only if he or she is looking after their own child, or an orphan and no body is looking after him, not supported by his parents, not able to find job due to disability. People who are above 60 years of age can replace their income support with other benefits like Pension Credit. To determine the amount of income support, there are many factors to be taken care of. This calculation depends upon the circumstances. A regulation by the Parliament specifies the amount of your spending for making a basic living and this depends upon the factors like family size age, disability and other. If you are earning less than this amount, you will be entitled to get an income support to make up the difference. While determining the income support, some kinds of incomes are not taken into account for the purpose of calculating total income such as Attendance Allowance and Disability Living Allowance. And income from part time employment or from some charity is taken only partly into account.

Normally, you are not entitled to income support if you are working more than 16 hours a week or your spouse works more than 24 hours a week or you are studying full-time. When working out the income support the level of saving is taken into account. Another consideration is the financial requirement of both the partners and spouses. In case, you have mortgage payments to be met to buy your house, the amount of interest for this mortgagee payment can be included in the income support calculation. Are you looking for income support, income support programs, online income support, income support for self employed and income support for carers? Please contact us for more details about income support.
Home Income Statistics Income Calculator Income Opportunity Income Law Income Life In Cities Vending Franchise Opportunity Business Entrepreneur How To Get Paid Affiliate Programs Make Money Types Of Income Money Making Areas