Charges for care and support
Capital limits
Upper capital limit
The upper capital limit is £23,250.
If you have capital and/or savings above £23,250, we will not pay a contribution to your care needs and you will be expected to make your own arrangements directly with any care provider. However, you can still ask the council for a care assessment as we may still be able to help you in some capacity, for example with information and advice. If you are unable to manage your own affairs and there is nobody else who can manage them for you, we will discuss the options available to support you.
Lower capital limit
The lower capital limit is £14,250, any capital or savings you have below £14,250 will not be included in the financial assessment.
If you have capital or savings between £14,250 and £23,250, we will pay a proportion of your care costs and you will also pay a contribution. Your contribution from your capital will be a tariff income amount of £1 for every £250 you have above £14,250.
For example, if you have £15,750 in a savings account, we will ignore the first £14,250 and assume an income of £6 per week on the remaining £1,500 (£1,500 ÷ £250 = £6). The assumed income of £6 per week will be included in the calculation of your weekly charge.
Please note that these limits are reviewed by the Government each year.