More than a million families are facing big tax bills within weeks. High-earning parents who claim Child Benefit are likely to be affected over the next financial year. Finance experts say this little-known issue centers on what’s known as High Income Child Benefit Charge (HICBC), which was introduced in January 2013, reports the Mirror. It’s … Read more
Millions of people across the country have or use Universal Credit to make ends meet. It is a payment to those who are working, unemployed or unable to work and can be paid out periodically to anyone or a couple. Those who use Universal Credit benefit receive a standard allowance plus extras if they have … Read more
Universal Credit is a benefit given to millions of people, some of whom work, some of whom are unemployed and some of whom cannot work. You get a standard allowance plus extras depending on if you have a disability, health condition or look after a child. For those who work, you may see a reduction … Read more
It might be some time before a Universal Credit claimant gets their money after first submitting their request for cash. The process can take five weeks for your initial payment to be released – and in that time officials will examine your case and decide how much to award you in what’s called an ‘assessment … Read more
If you receive the Universal Credit benefit, you may be wondering what might happen when you start or are about to start work. It could be your first job since you applied, and you may worry that your benefit amount will decrease if you start and perform the job. It’s worth keeping track of your … Read more
You may decide to apply for Universal Credit after you have worked but have low income, are unemployed, or because you are unable to work. The amount you receive is determined by an official on behalf of the Department of Works and Pensions and takes into account a medical condition, disability, children you care for … Read more
Those who receive Universal Credit may be in work and combining both the job and the benefit to be able to pay for things. The monthly payment they get may be topped up if they have a health condition, look after children or have another particular circumstance. Read more: Universal Credit: Can I have a … Read more
Universal Credit is a benefit claimed by more than five million people across the UK. It is given to those who are eligible, in arrears, monthly, and the money a person gets depends on their work status, whether they look after children and whether or not they have a health condition. But a claimant may … Read more
