Financial Assessment

Financial Assessment

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For a financial assessment we will need to know how much money you have coming in from any pensions and benefits you receive, as well as details of any assets you may have.

Assets mean cash, savings accounts, premium bonds, stocks and shares and investment property. If you require long term residential care it may also include the your home.

A benefits and assessments officer will tell you which documents you will need to provide and take you through the process. The officer will also make sure that you are receiving all the welfare benefits you are entitled to.

Most people will have to pay a contribution towards the cost of their care and support and when your financial assessment has been completed, you will be told how much you may need to pay towards the cost of the care services you receive.

For more details on paying towards your care see the What will I have to pay for my care and support? fact sheet.

What happens if I'm not happy with the decision?

If you are unhappy with the financial assessment please use this form (316 KB).

If you need someone to help you say what you need to in the appeal, an independent advocate may be able to help you. See the Advocacy fact sheet (473 KB) for more information.

What do i do if my circumstances change?

If your financial circumstances, care needs or housing support needs change, get in touch with your social care contact so that you can be reassessed. Following the financial reassessment your contributions towards your care and support may change or they may stay the same.