A MoneySavingExpert.com reader has explained how he became £6,600 better off a year after following advice to make an 10-minute check. Thousands of households could be eligible for thousands of pounds a year in benefits but do not claim it, so Martin Lewis’ MoneySavingExpert.com site has a calculator which can work out if people can get support.
As reported by the Mirror, one reader named Joel wrote into the latest newsletter, telling them he was £550 better off a month – or £6,600 a year – after using the calculator. He wrote: “In your weekly email, you encouraged people to check if they’re eligible for Universal Credit. I didn’t think I’d qualify, but thought I’d check – turns out I was eligible for £550 a month!
“Thanks so much for the advice, I’d never have checked otherwise.” The calculator Joel refers to was built for MSE by benefits experts EntitledTo.
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It can check whether you are eligible for government help and is said to only take 10 minutes. You can find the calculator here.
Earlier this week, it was reported a fan of Martin Lewis explained how she has saved £1,200 a year on childcare. The parent, known only as Kiran, sent an email to the Money Saving Expert (MSE) website after finding information about the tax-free childcare scheme in its weekly newsletter.
The tax-free childcare scheme offers parents up to £2,000 a year per child towards childcare costs, including nursery, childminder and wraparound care. It is government-backed and is designed so that for every 80p you put into your tax-free childcare account, the state will add 20p.
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