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.
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.