Housing benefit calculations are based on the total income (before tax) and total assets of all household members 18 years and older and the number of household members.
Applicants can see our calculations in their letters of acceptance or recalculations in their Digital mailbox on My pages island.is.
Assets and capital income is estimated with information from last years tax returns and further information on capital income can be found on the tax office website, here.
The right to housing benefits is usually recalculated every three months so if criteries change, for ex. income, estimates and benefit amounts can change.
The rent amount does only affect the calculation of housing benefits if it is so low that it reduces the benefits.
Housing benefits can never be more than 75% of the rent amount.