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The Government have set limits for how capital or savings are treated in the financial assessment.

• Savings of £12,750 or less are completely ignored.
• Anyone who has savings of above £25,000 will be charged for services at the standard rate
• If savings fall between £12,750 - £25,000 then notional income is calculated based on the amount. The Government has suggested an amount of notional income at a rate of £1 per every £250 or part £250 above the lower limit. This will be added to other income.

For example, if you have savings of £14,000, the first £12,750 will be ignored leaving £1,250. There are five amounts of £250 in £1,250 so the notional income of £5 per week will be added to the income.