Benefit and Budgeting Calculator

Welcome to our simple to use Benefit and budgeting calculator. Through just a few simple steps you can see how much benefit you are eligible for and how much better off you might be in work. You can also see how changes in your household budget can affect your income.

You can use our online calculator to help you find out:

  • what benefits you could claim and how
  • how much you could get and how your income could affect this
  • what other financial support may be available to you
  • if you could save money on things like bills.

Calculate your benefit amount

To get an accurate calculation, you will need to enter information about your:

  • household income from payslips
  • existing benefits or pensions and those of anyone living with you
  • regular payments you make such as rent, mortgage, and childcare
  • council tax
  • savings.

The more accurate the details you enter, the better your benefit and budget calculation will be.

Help with budgeting

Once you have completed the benefit calculation, you can then create a budget. This will help you see all of the expenditures in your household. This can help you plan to pay off any debt you owe and see how much benefit and income you have left.

You will need to enter information about:

  • your debts – what they’re for and how much you owe
  • what you spend each month on things like transport, food and clothing
  • how much you think you could pay back each month towards the debts.

Include all your debts when putting together your budget. Some expenses and debts are more important so you should prioritise these.

The Benefit and budgeting calculator is suitable for most people permanently living in the UK. It is not meant for people in hospital, residential care, on strike or in prison. Calculations should be treated as a helpful estimate, as it will only be as accurate as the information entered. The calculator is owned and operated by Policy in Practice.