It’s estimated that one million people in the UK are missing out on an average of £50 a week by not claiming the tax credits they’re entitled to. This is by no means small change. This is especially true if they’re struggling with debt problems.
Due to recent government changes, once Universal Credit gets rolled out to your local Jobcentre Plus, you’ll no longer be able to start claiming tax credits.
As of April 2016, the amount that you can claim in Universal Credit is less than the equivalent claim in tax credits. Therefore, it’s important for you to start claiming tax credits before your Jobcentre Plus moves to Universal Credit.
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posted by James in Budgeting
You might be eligible for more than you thought
We often hear about people going to prison because they’ve fraudulently claimed benefits, but what about those that don’t claim benefits that they could?
Every year, people in the UK are missing out on benefits and tax credits worth over £10 billion. Much of this money goes unclaimed because people are too proud to claim. Continue reading »
Wake up to money worries
Over the next few weeks we’ll be shining a light on how relationships and debt are intertwined.
As a debt advisor I once put together a budget for a middle-aged single man who was entering a debt management plan (DMP). The man was happy he could live on the budget and the plan was all set to go ahead.
A couple of hours later he called back and spoke to a colleague who answered a few further questions he had. Continue reading »
It’s easy to save money on books
It’s that time of year again, when students take over Argos and IKEA to buy furniture for their digs, and flood the supermarkets with trolleys full of food.
In light of this, the recent news that 753 of the “Inbetweener generation” (those aged 18-19 years old) contacted us to seek advice on how to deal their debt, and the release of our new free student debt guide, our very own part time student, Suzannah Evans, has compiled a list of money tips for students. Continue reading »
Lego wedding (thanks to aburt)
Three down, three to go, and that’s just 2011! I seem to have reached that age where all my friends are getting married. Although there’s usually a tasty meal and some free champagne promised, there’s no denying that six extra weekends away are going to have quite an effect on my bank balance if I’m not careful.
As the average cost of attending a wedding is reported at £452, here is your checklist to enjoy a summer of weddings on the cheap…
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