Calculator Stamp Duty calculator. Mortgage affordability calculator. Mortgage calculator. Coronavirus Support with work, housing, loans and money. Dealing with debt Bills, court fines, help with debts. Money problems and complaints What to do about mis-selling, compensation and complaints. Money troubles All Money troubles guidance. Tool Debt advice locator. Money Navigator. Auto enrolment Introduction, how it works, all about contributions.
Building your retirement pot How much do you need, ways to build your pot, transferring and merging. Pension problems Complaints, financial help when retired, changes to schemes. Pensions basics Starting a pension, types of pension, understanding pensions.
State Pension How it works, what you might get, National Insurance. Taking your pension Ways to draw your pension, when can you retire, Pension Wise appointments. Tax and pensions Tax allowances, tax paid on pensions, tax relief. Appointment Book a Pension Wise appointment. Pension calculator. Workplace pension contribution calculator.
Find a retirement adviser. How to save Getting started, getting the most out of savings, problems. Investing How to invest, types of investing, buying and managing. Types of savings Help with meeting goals, tax-friendly saving, saving for children. Savings All Savings guidance. Calculator Savings calculator. Employment Basics, benefits, tax and National Insurance. Losing your job What to do, alternatives, redundancy pay.
Self-employment Starting out, insurance, tax, self-assessment. Work All Work guidance. Tool Budget Planner. Redundancy pay calculator. Universal Credit Find out how Universal Credit works and how to manage your payment.
Tool Money Manager. Everyday money. Calculator Credit card calculator. Tool Couch to Financial Fitness. Calculator Baby costs calculator. Calculator Mortgage affordability calculator. Calculator Mortgage calculator. Money troubles. If you pay a higher tax rate, you need to call HMRC to arrange to pay the extra tax. You might also be able to get a higher amount of benefits you already get, for example:.
If you have a mortgage, check your mortgage protection policy to see what it says about redundancy. You might get some money towards your mortgage while you look for a new job.
For more information about help with mortgage costs and mortgage arrears, see How to sort out your mortgage problems. You should get advice about any debts you have already - read about how to get help with your debts.
If you got redundancy pay, you might want to speak to an independent financial adviser about what to do with it. For example, you might choose to put it in a high-interest account or invest it. You can get advice from the National Careers Service if you want to get a new qualification or make a career change, like starting your own business. Redundancy can often take more of an emotional toll than people expect, especially if the consultation and selection process has taken a while.
For example, some organisations provide a free helpline number for people to talk about their redundancy or any other personal issues. Your employer might also pay for you to speak to a professional adviser about your CV, as part of your redundancy package.
Skip to navigation Skip to content Skip to footer. UK We use some essential cookies to make this website work. Accept additional cookies Reject additional cookies View cookies. Hide this message. Guidance Being made redundant: finding work, claiming benefits and managing debts. English Cymraeg. Print this page. Brexit Check what you need to do. Explore the topic Benefits and financial support if you're looking for work Redundancies, dismissals and disciplinaries. Is this page useful?
Maybe Yes this page is useful No this page is not useful. Thank you for your feedback. Other financial help may also be available. Depending on your circumstances, you might be able to claim a combination of these benefits. Use a benefits calculator to get the full picture of all the financial support you might be entitled to.
This can calculate the amount you may be able to receive, and could include additional help such as reduced council tax rates or cold weather allowances. If you already receive any of these and your circumstances change, it may mean that you need to apply for Universal Credit instead.
Find out more about eligibility for Universal Credit. You can apply for Universal Credit online. If you currently receive tax credits from HMRC please be aware that if you submit a claim for Universal Credit your tax credit award will end immediately. If your tax credit award ends it cannot be re-opened, and it will not be possible to make a new tax credits claim in the future. If you are an existing tax credit claimant, this does not mean you will be automatically eligible to receive Universal Credit.
If you submit a Universal Credit claim your tax credit award will be closed immediately, even if you are not eligible for Universal Credit.
If you currently receive tax credits, please check the eligibility criteria for Universal Credit before you submit a Universal Credit claim. If your tax credit award has not ended, you will need to decide whether remaining on tax credits if you would still be entitled to them or claiming Universal Credit is better for you, based on your own personal circumstances. Use a benefits calculator to get an idea of what you might be entitled to.
0コメント