Why does the government allow people to claim full benefits when they have £8000 in savings?
928666
I know the feeling...\nI know someone who is on £18,000 and his partner is now working part time too and looking after the kids. He will be getting a rise some time soon, up to £22,000 and yet has a home given to him and benefits. \nMy partner and I earn around £12,000 a year each, we have a tiny flat but we bought it and we have to scrimp and save and have a basic wedding because we can't afford better.\nI know the feeling...
929273
You don't have to report to the IRS how much you have, just how much income (interest, dividends) you had from it.  And having savings shouldn't affect your eligibility for unemployment comp.  If you are looking for other kinds of payments like welfare, then yes, they'd look at what you have.
349620
It appears that way and makes perfect sense! Why wouldn't they trust? Those with the big bank accounts feel safe with our money hungry govt.- they all on the same page- allow the rich to get richer, provide them with the tax breaks. It's all about the "in group" and the middle class gets left out.
1046398
There are two types of UK tax, Income and National insurance\n\nIncome tax is the usual goverment tax while National Insurance covers Healthcare and Pensions and those on the dole although at the end of the day it goes into the same pot.\n\nEveryone in the UK gets a personal allowance of income on which they pay no income tax. \n\nThe current level of personal allowance is £5,035pa although this increases if you are blind (£1,660) ,  over 65 year old (£2,245) and you get an extra allownce you can share with your partner if you are married (£1,030)\n\nStandard tax rates on a non married person are therefore:\n0% on the first £5,035pa\n10% on £5,035 to £7,185pa\n22% on  £7,185-£35,450pa\nand 40% on income over that.\n\nNational insurance is charged at\n0% on the first £4,888pa\n11% on £4,888 to £32,760pa\nand 1% on income over £32,760pa\nand 40% on any income\n\nTax would therefore be on those amounts quoted\n\n£30k = total incomeand NI = £7,996\n£40k = total incomeand NI = £11,390\n£50k = total incomeand NI = £15,490
882410
You can be financially sound if and only if you are earning more than you are spending. This of course would be applicable only until you are capable of working. Being able to put up a business, invest or save which can be your milking cow when you retire may probably a  metric to say you are in such a status.
786806
It depends on your income and any savings you have.\n\nHere's a link to the government website that explains the rules and how to apply.
356984
You can find benefits here.\n\nhttp://www.mybenefitsplus.com/40374893
853142
Yes, you do qualify.  Follow this link (to read it you'll need Adobe Reader which is free to download) and scroll down to Table 10.3 which lists all the benefits you can access.\n\nhttp://www.dwp.gov.uk/asd/asd5/rports2003-2004/rport206/Main-3.pdf\n\nOr contact a local advice agency such as your Council's social services or a Citizens Advice Bureau.
391884
u should get tax credits,single parent allowance and ur council tax paid for you and u get a rent rebate.Milk tokens free school meals for the little one and free healthcare,free dental treatment for you too. Hope this helps.xxx Oh,and that is only for the UK,im not sure about other countries.
62781
My guess would be that the government thinks that since you are on part D you are saving money, so you have more money to pay towards rent.
245469
You are given an allowance in the Tax\nscheme for these things,so I don't think\nyou can claim them.check with your taxman\nto be sure.
948011
no they will cut the benefit,so you repay the outstanding balance back - i.e 5 pound a week etc.
1179702
Just going through the application process now - and the first answerer is correct.  If you are in receipt of a qualifying benefit - i.e. Income Support you are given financial support.  You can also receive a partial or full financial award if you are a low income family or individual - I think £15k is the cut off for assistance.  But if you have any questions go to http://www3.open.ac.uk/courses/about/p6_1.shtml\nthey have a calculation tool to advise how much support you can get.  The only problem I had is that you HAVE to have a bank account in your name, which I didn't have - I only had a post office account.  Good luck x x x
328424
You know, the government doesn't owe everyone a standard of living or any sort of help.  I am sure that help is available if you apply for it, but your sense of entitlement is just sort of "out there", you know?  No one is going to know the situation, go through the proper channels.
272978
Generally the benefits fall to the taxing authorities. It's a political ploy to garner votes and appear concerned for the "working class". When wages go up, prices go up because demand goes up. Simple Econ 101.  The people who truely don't get it also believe in the lottery, publishers clearinghouse and government aid. They've never heard of Newton's third law. Their best comeback is "you're stupid"
845880
It sounds normal for an average UK company to do that. Some will have policies in place to provide additional income but this is unlikely to kick in after just 6 months.
930266
They ain't the same thing but there is a set minimum amount the government set for someone to live on.. So the amount of money payable should be the same. To top up any income already received  to that minimum amount... Hope that makes sense.