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What are the various types of UK benefit you could apply for?

One of the most inspiring things about the UK is the support it provides to those in need. The various benefits people can apply for when at a low ebb is a great example of this. Through these benefits, people who might be struggling financially can get the assistance they need to survive. If you are not familiar with the benefits system though, you might wonder what benefits are available and what they are for. To make things a bit clearer, we run through some of the most useful below.

Universal credit

Although it has been in place a little while now, Universal Credit is still a relatively new benefit scheme. In simple terms, it took 6 individual social welfare benefits and replaced them with 1 single monthly payment. Designed to help those on low income or who are out of work, applying for this benefit requires completion of an application form plus evidence to back up your claim.

Housing benefit

Many people think that housing benefit no longer exists and has been scooped up in the Universal Credit scheme. While this is true for most people, some can still apply for individual housing benefit payments. If you and your partner are at state pension age for example, you can apply for it still. You can also claim it if you are living in temporary accommodation or sheltered housing.

Tax credits

The two types of tax credits you will come across are Child Tax Credit and Working Tax Credit. Child Tax Credit sees those responsible for kids getting paid additional money, as well as child benefit. Working Tax Credits are for those who are working but on a low income.

Carer allowance payments

If you care for someone at least 35 hours per week, then you might be able to get carer allowance. This pays £67.25 per week and you do not have to care for a relative or live with the person to get it.

Council tax help

This type of support is available to those who claim benefits or who are on a low income. It can be applied for whether you own your home, rent it, are working or do not have a job. Depending on your circumstances, you might get up to 100% off your bill.

Benefit and Universal Credit advisory services

Although you might think you are eligible for one or more of the above, you might need help understanding them more or making your application. If so, let Taxcare Accountancy help. Our professional team have all the experience needed to guide you through the process of applying for benefits or Universal Credit. Get in touch on 0208 478 3383 for a chat.

Affordable Pay-monthly Packages

We offer a full range of services to limited companies, solo trader, partnership, charity, LLP, CIC as well as individuals. We have arranged our services into easy to choose packages that suit your needs.

Start-up
£ 50  / Month (+VAT)

This price plan is suitable for the start-up companies who are not VAT registered.

  • Year-end accounts preparation and submission
  • Corporation Tax returns
  • Payroll & RTI submission for 1 employee
  • Personal tax return [salary & dividends income only] (Free)*
  • File confirmation statement (annual return) with Companies House
  • Reference letters for Director only (Free)*
  • Assisting with correspondence from HMRC and Companies House
  • Unlimited face to face advice and email support
  • 1 Director
  • 1 Shareholder
  • Annual turnover should be less than 80K
Limited Company
£ 100  / Month (+VAT)

This price plan is suitable for the companies who are VAT registered and turnover is less than 100K with a couple of employees.

  • Year-end accounts preparation and submission
  • Corporation Tax returns
  • Monthly payroll including RTI submission for up to 2 employees
  • Personal tax return [salary & dividends income only] (Free)*
  • File confirmation statement (annual return) with Companies House
  • Reference letters for Director only (Free)*
  • MTD VAT returns submissions – quarterly
  • Unlimited face to face advice and email support
  • 1 Director
  • 1 Shareholder
  • Annual turnover should be less than 100K
Company Pro
£ 150  / Month (+VAT)

This price plan is suitable for the companies who are VAT registered; turnovers are more than 100K and have 2 directors and shareholders.

  • Company formation (if required)
  • Year-end accounts preparation and submission
  • Corporation Tax returns
  • Monthly payroll including RTI submission for up to 5 employees (Free)
  • MTD VAT returns submissions – quarterly
  • Personal tax return [salary & dividends income only] (Free)*
  • File confirmation statement (annual return) with Companies House
  • Reference letters for Director only (Free)*
  • Unlimited face to face advice and email support
  • 2 Directors
  • 2 Shareholders
  • Annual turnover should be less than 200K
Company Premium
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This bespoke price plan is suitable for the companies who are VAT registered, with more directors, shareholders and employees. Also, annual turnover is more than 200k and requires further bespoke services.

  • Company formation
  • Year-end accounts preparation and submission
  • Corporation Tax returns
  • Monthly payroll including RTI submission all employees
  • MTD VAT returns submissions – quarterly
  • Personal tax return [salary & dividends income only] (Free)*
  • File confirmation statement (annual return) with Companies House
  • Reference letters for the all Directors (Free)*
  • Unlimited face to face advice and email support
  • Flexible and can be discussed
  • Annual turnover should be more than 200K

Add on Services

  1. Personal Tax Returns

    This price plan is suitable for self-employed individuals, landlords and those who need to submit Self-Assessment Tax Returns.

    If you need to submit the Self-Assessment Tax Return, we can offer you competitive prices starting from £150 + VAT. Price can vary according to your nature of income. Please contact us for more details.

  2. Tax Investigation
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    Our commitment to you is that we’ll ensure all the information we’ve submitted to the Civil Aviation Authority is up-to-date and accurate. 

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