Skip to main content

Definition

Tariff income

Reviewed by BenefitCheck Editorial Team · Updated 18 June 2026

An assumed monthly income Universal Credit adds for every £250 of savings you hold between £6,000 and £16,000.

In plain English

Tariff income is the polite name for the deduction Universal Credit applies when your capital is between £6,000 and £16,000. For every complete £250 above £6,000, UC assumes you earn an extra £4.35 a month and reduces your payment by that amount. Below £6,000 there is no deduction. At £16,000 you stop qualifying altogether.

Why it matters

Most people picture a sudden cliff at £16,000, but the real impact starts at £6,000 and builds slowly. Tariff income explains why your UC payment can shrink in small steps as a redundancy payment is drawn down or savings are added to.

Example

You hold £10,500 in savings. That is £4,500 over the £6,000 floor. £4,500 ÷ £250 = 18 complete bands. UC assumes 18 × £4.35 = £78.30 of monthly income and reduces your payment by that figure.

What people often confuse it with

  • Actual interest on savings

    Real interest you earn is ignored. UC uses the tariff calculation instead.

  • Income from work

    Tariff income is not real income — you have not actually earned it. It is a notional figure used only to reduce your award.

Related definitions

Related guides

Related tools

Reviewed against current GOV.UK guidance, Citizens Advice public information, and CPAG handbooks. If a figure looks out of date, please tell us.