Free use calculators from Ferret for CVD, and other, issues

We’ve decided to make a lot of our reckoners, which usually come with subscribed systems, freely available for the duration.  Hopefully they’ll be useful for advisers, feel free to share among advisers.

They include:

Self-employment Income Support Scheme (SEISS) Reckoner - This reckoner provides estimates of support for self-employed people during the Covid-19 crisis

Minimum Income Floor reckoner - even though MIF’s suspended, this may be useful for people looking ahead.

Home Equity under loans for mortgage interest- Shows how equity could vary in future as interest rates and home values change

Self-employed Expenses - Quickly estimate the monthly expenses for Universal Credit

Surplus Earnings for Universal Credit - Estimate how earnings, which have stopped Universal Credit from payment, will reduce further claims within 6 months. Particularly useful for weekly paid people who may see 5 paydays in one period (or monthly paid with 2 paydays) stopping UC.

Self-employed Losses carry-forward - Estimate how losses in previous Universal Credit periods are taken into account for later assessments

Emergency Tax for pensions - How much initial tax is payable when taking lump sums from a pension

Pay Periods in Universal Credit - The payments cycle in Universal Credit.  How regular earnings turn into irregular benefit and income

State Pension Age - Shows when State Pension Age is reached and when ‘Mixed Age Couple’ rules will apply

Combined Pay & Rent Periods in UC - income pattern from different earnings and rent periods

Better Off in Work - no UC - A Better-Off Changing Work reckoner for those not receiving UC, shows the effect of increasing or reducing pay / hours on overall income for those not on benefits

Better Off in Work with UC A Better-Off Changing Work reckoner for those receiving UC, shows the effect of increasing or reducing pay / hours on overall income while getting UC

They’re all at https://www.ferret.co.uk/reckoners/free/

These do not constitute advice and are used at your own risk.  We cannot take responsibility for the output or for how these are used, They may be entirely wrong and you should be careful to understand the issues and check the results

Shawn, feel free to add to resources if you want.

Cheers Gareth .. have added to https://www.rightsnet.org.uk/covid19