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, for a more detailed explanation of the schemes please click on the relevant links below.

 

Working/Childcare Credit

 

The Working and/or Childcare Credit scheme is designed to assist households who are in employment and earning below the tax threshold. The Working Credit received will range up to a maximum of £1,561 per annum and will be paid directly into the applicants’ bank account in twelve equal instalments on a monthly basis (mid-month).

 

The Childcare Credit is a premium paid on top of the Working Credit. Applicants must therefore meet all the eligibility criteria for working credits and in addition have at least one child under the age of 5 residing in the property. Additional credits of up to £1,576 per annum (one child in property) or up to £2,297 (two or more children in property) will be paid alongside the Working Credit.

 

For further information for the above scheme please CLICK HERE, or contact Veronica in the Treasury on 28400.

 

Rent Rebate

 

The Rent Rebate Scheme is designed to assist people in government housing to meet their basic rent and service charge payments whilst they are in receipt of a low income. Tenants of FIG housing can apply for a rebate, and if successful, FIG will pay a contribution towards their rent. The amount FIG will contribute is based on a number of different factors.

 

For further information please CLICK HERE, or contact Veronica in the Treasury on 28400

 

Service Charge Rebate

 

The Service Charge Rebate Scheme is designed to assist households with lower income to meet the costs of the annual service charge invoice. There are no limitations set on the service charge rebate with respect to the property being privately owned or FIG owned. The rebate can cover 100%, 75%, 50% or 25% of the total annual invoice depending on eligibility.

 

For further information please CLICK HERE, or contact Veronica in the Treasury on 28400

 

Winter Fuel Allowance

 

The Winter Fuel Allowance is designed to assist pensioners (aged 64 and over, or ages 60 and over for widows and widowers) and persons in receipt of level B or C Attendance Allowance with heating costs during the period June – September annually. In order for applicants to be successful in obtaining the allowance, the previous year’s household annual income must be below the threshold, which is reviewed on an annual basis. The applicable threshold will be advertised prior to sending out application forms to ensure all applicants are aware of it prior to submitting an application. There are no limitations set on the Winter Fuel Allowance with respect to the property being privately owned or FIG owned.

 

For further information please CLICK HERE, or contact Mim in the Pensions Office on 28417