If you have capital/savings over £16,000 you will not be entitled to Housing Benefit and Council Tax Reduction unless you are aged 60 or over and receiving Guarantee Pension Credit.
If you have capital/savings less than £6000, no tariff income applies.
If you are under the qualifying state pension age and you have capital/savings between £6,000 and £16,000, under the regulations we have to assume that you get £1 of income per week from every £250 of savings over £6,000. This is your tariff income.
If you are over the qualifying state pension age and you have capital/savings between £10,000 and £16,000, under the regulations we have to assume that you get £1 of income per week from every £500 of savings over £10,000. This is your tariff income.
Revenue Services
Kilncraigs, Greenside Street, Alloa, FK10 1EB
Tel: 01259 450000
Email: benefits@clacks.gov.uk