Will Brexit Affect my Benefits?

The short answer is, that nobody knows! There are no plans in place to deal with the decision of the British People to leave the EU. Very few in control, thought it would happen!

There is no doubt at all that many things will change with the UK benefits system in the future. There will have been changes either in or out of the EU with the Brexit referendum. The main effect of Brexit is that now there is no government roadmap for the future. Uncertainty rules!

No one can say for sure what will happen to the UK economy in the long term. It is all guesswork and hope.

The £350 million per week extra for the NHS which was vaunted and splashed about as being an option if not a reality, does not exist and never has existed in reality. It was a good sound-bite for some politicians during the campaign, but now we are entering the real world of post-Brexit Britain.

What now for benefits as we go into the future?

Our mission with this website exp[lain the benefits system and what is available in language that can be reasonably understood by most. We are not part of the government, nor do we support any political organisation. Our aim is to provide clear information about the benefits and how they can be obtained.

The situation and provision of benefits as it they exist at the moment will see no change in the near future. What is law now will remain so until changed by the government. In an orderly transition for EU to self-governed status, we envisage no changes other than those already on the books – ie Pension Age changes and the continuing incursion of Universal Credit throughout England. Those suppositions could be changed if the economic system worsens as it may or may not do.

Expats Abroad and Pensions

The main immediate changes to those claiming benefits will affect those who are in receipt of government and private pensions, but who live abroad. If they receive any form of pension paid in UK currency (Sterling GBP), and then converted into the currency where they now reside – Europe or otherwise – there will be considerable disruption to how much they actually receive after currency conversion has taken place in their expat banking system.

Currency fluctuation has always been a risk for those who choose to live abroad, but now with the present state of international currency markets, that risk will be greater.

There should be no other effect on benefit payments in the near future. As for the distant and long term future, no-one knows; there is no government policy on how to react to Brexit; there is no roadmap in reality, only supposition.

One of the ‘promises’ made in the Brexit was that the Pension Triple Lock would remain in place whatever the outcome. That was made upon the assumption that there would be a ‘remain’ victory. The basic fact is that all benefits are paid out of the income the country generates from all sources. If that income is considerably reduced, then there will be less to spend on benefits, public services, public works and local projects.

Many things are due to change once Britain – or England as it might be – start to negotiate a way out of the EU. This country is not in the diving seat as to when that starts. Several powerful players within the EU have demanded now that Britain has made the decision, the severance should take place as soon as possible. Total severance will take two years. That does not mean that all stays as it is for two years.

We will keep you informed about your benefits rights as the situation evolves. It is not our place or wish to comment on the many other changes which will result in the Brexit being put into action. 

March 9th 2017
***Child Tax Credit - From April this year the ‘family element’ of £545 per year will be abolished.***

March 8th 2017
**MPs are calling for a halt to the accelerating roll-out of Universal Credit as the ongoing problems are causing undue and unnecessary hardship**

Most Popular  Pages - last 2 months