Benefit costs may be displayed in different ways depending on how the benefit has been set up. For example, costs may be shown as:
- Monthly
- Weekly
- Annual
- One-off payments
Why might my monthly or weekly cost change?
Some benefits, such as one-off or fixed-term benefits, need to be paid within a specific time period.
In these cases, the monthly or weekly amount displayed may vary to ensure the full cost of the benefit is collected by the end of the payment period.
Why doesn't the total always match exactly?
Your overall benefit costs are calculated on an annual basis and then displayed using your preferred cost view (monthly, weekly, or annual).
Because of rounding and the way some benefits are calculated, you may occasionally notice small differences between displayed amounts. However, the total cost of the benefit will always be calculated correctly.
Key information
- Benefit costs can be displayed monthly, weekly, annually, or as a one-off payment.
- Some benefits may show adjusted weekly or monthly amounts to ensure the full cost is collected within the required timeframe.
- Your total cost summary is based on annual calculations.
- Any small differences in displayed amounts are due to calculation and rounding rules, and do not affect the overall cost of the benefit.