Treasury,
Tax & Pensions

The Treasury administrates a number of different financial assistance schemes, all aimed at assisting those with lower income. A brief overview of the schemes can be seen below.

 

Family Allowance

Who Could Be Entitled: Parent or legal guardian of a child under 16 years old or still in education at FICS. Either the claimant (parent) or child must be a FI Status Holder. Child must have resided in the Islands for the previous 6 months (or since birth if under 6 months old).

Maximum Possible Payment: £75 per month.

Who To Contact: The Treasury on 28400.

 

Working credits

Who Could Be Entitled: 16 years old and over. Resident in FI for Tax purposes, 25 hours + worked per week in the household. No more than £17,925 savings. Household earnings not above tax threshold (£15,000).

Maximum Possible Payment: Up to £1,771 per year.

Who To Contact: The Treasury on 28400 or refer to the Treasury website link under Financial Assistance.

 

Childcare Credits 

Who Could Be Entitled: 16 or over. Resident in FI for tax purposes. 25 hours + worker per week in the household. No more than £17,925  savings. Household earnings not above tax threshold (£15,000). There must be a child aged 5 years old or younger residing in the property.

Maximum Possible Payment: Up to £1,789 per year for 1 child or £2,276 for 2 or more children.

Who To Contact: The Treasury on 28400 or refer to the Treasury website link under Financial Assistance.

 

Rent Rebate

Who Could Be Entitled: Only FIG and YMCA tenants are eligible, rent rebates are not available for those renting privately. You must be 18 years old or over. Household savings must not exceed £17,925 (this does not apply to sheltered housing tenants and their savings from sale of a previous property). Rent rebates are means tested, and the amount of the rebate will depend on your income.

Maximum Possible Payment: Up to 100% of your FIG rent.

Who To Contact:  The Treasury on 28400 or refer to the Treasury website link under Financial Assistance.

 

Service Charge Rebate

Who Could Be Entitled: Service charge rebates are available to both FIG and private sector tenants, as well as home owners. You must be 18 years old or over.  Household savings must not exceed 17,925 (this does not apply to sheltered housing tenants and their savings from sale of a previous property).  Service charge rebates are means tested.

Maximum Possible Payment: 100% of service charge.

Who To Contact: The Treasury on 28400 or refer to the Treasury website link under Financial Assistance.

 

Welfare Payments 

Who Could Be Entitled: Individuals unable to work due to sickness/disability/advanced pregnancy; Single parents with children under school age; People of pensionable age whose earnings are less than the state pension; Carers; Low income families with dependent children.

Maximum Possible Payment: Up to £154 per week for a  non-working person with one child, increasing for each subsequent child.

Who To Contact: Social Services on 27296.

 

Attendance Allowance

Who Could Be Entitled: Individuals with medical conditions which hinders them with day to day tasks. Payments may be made to the service user or their carer. Levels are dependent on disability e.g terminal patients would receive highest rate.

Maximum Possible Payment: Up to £101.20 per week

Who To Contact: Social Services on 27296.

 

Pension Contribution Credits 

Who Could Be Entitled: Individuals who earn less than £266.80 per week.

Maximum Possible Payment: Pension credits of up to £33.50 per week from Jan 2019.

Who To Contact: Pensions on 28416

 

Winter Fuel Allowance

Who Could Be Entitled: Retirement Pensioners or persons in receipt of levels B and C Attendance Allowance. Ineligible if previous years income exceeded £17,925. For earners between £16,800 and £17,925 allowance will be only a percentage of full payment. For earners of less than £16,800 the full £506 allowance will be paid, either in one lump sum or in 4 monthly instalments between June and September. For those in FIG sheltered accommodation the maximum allowance paid cannot exceed the FIG heating charge for that period.

Maximum Possible Payment: Up to £506.

Who To Contact: Pensions on 28416.

 

Employment Programme

Who Could Be Entitled: FI Status or PRP holders Individuals who have been unemployed (or earning less than £46.50 per week in part :me work) for 6 weeks or more. Payments are in return for participation in 20 hour per week work scheme.

Maximum Possible Payment: Up to £125.00 per week.

Who To Contact: The Training Centre on 27133.