Tag Archives: benefit changes

How will the April 2016 benefit changes affect my DMP?

posted by in benefits, DMP 22 Comments

UPDATE 17 March: Further benefit changes have been announced since this article was original published in February, and the article has been updated with further details. Our benefits checker can tell you what benefits you may be entitled to. 

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The government plans to reduce benefits spending by £12bn by 2020. There are two questions that are likely to be on your mind if you’re on a debt management plan (DMP). Firstly: which benefits are going to be affected? Secondly: how will these changes impact my finances and my DMP?

Another question that you could have been concerned about Tax Credits, but that was answered in the Autumn Statement. The chancellor George Osborne made a U-turn on his proposals for Tax Credits changes FOR April 2016, but there are still changes to come in 2016 and 2017, and equivalent changes in Universal Credit.

We’ve summarised the biggest changes, when they’re going to happen and who’s likely to be affected by them. We’ve then covered some likely questions that might crop up if you’re on a DMP.

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How will upcoming benefits changes affect my DMP?

posted by in benefits, DMP 24 Comments

UPDATE: This article was published in July 2015. Make sure you’re up to date with the 2016 benefit changes and how they may affect you.

The July Budget revealed plans to reduce welfare benefits by £12bn. There are two questions that are likely to be on your mind if you’re on a debt management plan (DMP). Firstly: what benefits are going to be affected? Secondly: how will these changes impact my finances and my DMP?

We’ve summarised the biggest changes, when they’re going to happen and who’s likely to be affected by them. We’ve then covered some likely questions that might crop up if you’re on a DMP.

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Know your rights – February’s debt news

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Debt news

Know your rights – February’s Debt News

As I write this the sun is visible in the sky for the first time in memory, though that might not be the case by the time you read this.

With spring approaching you can start dusting off your dusters…to do some dusting.

To keep you occupied in the meantime here’s a roundup of February’s most important debt news stories.

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Benefit changes 2014: what’s going to happen?

posted by in Welfare Benefits Leave a comment

Benefit changes 2014

Benefit changes 2014

There’s rarely a day goes by without benefit changes being in the news for some reason or other but it’s often hard to know the details of what’s actually going to happen. To make life easy, we’ve summarised the big welfare benefit changes in 2014.

These details are correct as of this article’s publication date but if you want to keep up with the latest changes we’d recommend signing up to the MoneyAware newsletter.

We’ll send you a monthly email full of lots of useful money-related stories, including the latest benefits news. Continue reading »

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Universal Credit and the benefit cap – what’s the latest news?

posted by in Welfare Benefits Leave a comment

Universal Credit - Government benefit changes

Courtesy of Wikicommons user David Lally

We’ve all heard about the benefit changes the Government is making to the current system, but over the past couple of months everything’s gone a bit quiet.

There was a flurry of news and activity in early April with the 2013 benefit changes, (such as the introduction of the “Bedroom Tax”), and last month Disabled Living Allowance was replaced by Personal Independence Payment for new claimants.

But on the whole it was quiet… until this week, when Universal Credit and the newly-introduced benefit cap made the news in a big way.
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March debt news – know your rights!

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March debt news

March debt news time!

We’ve had freezing cold temperatures and blizzard conditions this month, but we’ve made it through March and spring has just about sprung. To celebrate we’ve put together a summary of all things debt newsy.

If you’re the kind of person that likes to keep abreast of the latest happenings form the world of debt then you’re in for a treat. Continue reading »

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Benefit changes 2013: what’s going to happen

posted by in Welfare Benefits 19 Comments

If you need debt help because your benefits are due to fall, use our online counselling service Debt Remedy. We’re a debt charity and we can help.

Benefits changes could affect how much money you have in your wallet!

Benefits changes could affect how much money you have in your wallet!

This year is going to see a lot of changes to the benefits system, which are likely to have an effect on many people struggling with debt. The first of these changes was the removal of child benefit for those with high levels of income.

There are more changes to come too, here’s a rundown some of the biggest changes, who they will affect and when they will happen. If you think you might be entitled to benefits you don’t currently receive then you should use our online benefit checker.

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