WHY IS CLAIMING THE CORRECT AMOUNT OF HB SUBSIDY SO IMPORTANT?
On average, every UK council spends around £50m on Housing and Council Tax Benefit every year. After Education and Social Services this is the biggest expenditure for any council. However, Local Government only receives between 90 – 95% of its HB subsidy entitlement every year. These losses in subsidy may run in to something like tens of millions of pounds. In other words, every LA is potentially losing substantial amounts and in the current economic down-turn it is essential that every Authority is claiming the most amount of subsidy available, especially as the number of claimants is expected to rise significantly as the economy weakens. This in turn puts greater financial pressure on each and every Council. This is why it is so important that every Authority claims the correct amount of subsidy.
