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Financial Assessment

After we have identified and agreed your care and support requirements, we can help you complete a financial assessment to work out how much you may need to contribute. This will be based on your income, savings, assets and allowable expenditure.

Your income is all the money you have coming in each week, which includes:

  • Benefits such as state pension, pension credit, Universal Credit, Employment Support Allowance
  • Disability benefits such Attendance Allowance, Personal Independence Payment, Disability Living Allowance
  • Occupation and private pension
  • Any other income

Savings include:

  • Bank, building society and post office accounts, ISA’s, Premium and Income Bonds, other investments

Depending on the care service, the assets we may include:

  • Any properties, buildings, land or other assets

 

We can identify the benefits to which you may be eligible to claim.

Adult social care financial FAQ's

If you don't want us to carry out a financial assessment, you will need to pay the full cost of your services. If you are unsure about your financial assessment, or you would like a breakdown of how your contribution has been calculated, email the team or contact them on 020 8379 8177.

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