For us to work out how much you will be entitled to you will need to give us proof of your income, savings and rent for the period you want to claim.
Options backdating is the practice of altering the date a stock option was granted, to a usually earlier (but sometimes later) date at which the underlying stock price was lower.This is a way of repricing options to make them valuable or more valuable when the option "strike price" (the fixed price at which the owner of the option can purchase stock) is fixed to the stock price at the date the option was granted.Cases of backdating employee stock options have drawn public and media attention.If we refuse your request, you can submit an appeal against our decision in writing, which must be made within one calendar month of the date of the decision being made for a housing benefit appeal.There is no time limit in which to submit a council tax support appeal.Please note that if you or your partner have reached the State Pension Credit qualifying age but either of you receives Income Support, income-based Jobseeker's Allowance, income-related Employment and Support Allowance or Universal Credit we treat you as working age, not pension age.
Working age customers are those under the qualifying age for State Pension Credit.
We can sometimes backdate the start of your benefit (but not education benefits) up to one month before the date you claimed. This is not a conclusive list and you will be expected to explain your reasons fully and provide supporting evidence.
If you have not yet applied for Housing Benefit and/or Council Tax Support you can request backdating your benefits on the application form by telling us why you have delayed making a claim.
Housing Benefit, including Local Housing Allowance and Council Tax Support is normally paid from the following Monday after we receive your claim.
It is always best to make your claim as soon as possible.
According to a study by Erik Lie, a finance professor at the University of Iowa, more than 2,000 companies used options backdating in some form to reward their senior executives between 19.