I am currently at risk of redundancy. Alternative job 35 hrs a week (not suitable for my disabled son or myself having adhd autism) employed 18 years
Standard redundancy £4674
Pilon 12 weeks salary plus benefit allowance 2908.80 + 46.16 = £2954.96
i earn £1050.40 per month 16hrs a wk
UC Standard allowance £424.90
Children £655.82 You get support for 2 children
Disabled children £164.79 You said that you have 1 disabled child
Children in childcare £114.24
Carer £209.34 You said that you are caring for someone.
Total entitlement before deductions £1,569.09
What we take off (deductions) Take-home pay minus‑ £169.20
Earnings reported by your employer£1,017.64
The amount we'll use to work out your Universal Credit is £1,017.64
Your total take-home pay for this period is £1,017.64
The first £710.00 of your take-home pay does not affect your Universal Credit monthly amount. Every £1.00 you earn in take-home pay over this amount reduces your Universal Credit by 55 pence.
Money, savings and investments minus‑ £0.00
We have taken £0.00 off your Universal Credit payment because you have money, savings and investments of £2,852.02.
Total deductions minus‑ £169.20
Your total payment for this month is £1,399.89
DLA £428
CB £145.60
CM £461
Summery of capital to date
(£2,852.02. + £4674) = 7526.02
(unless enhanced redundancy paid
(2852 + 4674 + 18,900) = £26,426.02
Debt
Morgage £70,000
2021 Divorce settlement (mum relinquish ex of car debt so I didn’t have to buy him out) £6,900 owed to her as and when can afford or at latest mortgage cleared
Car purchased by uncle agreement to payback at renewal of morgage terms due June 2027 (borrow the money out of house/ add to morgage) £16,000
Help! I’m so overwhelmed I don’t know what I should or shouldn’t be doing first?
