People in work and earning as a household up to £40,000 should check if they're eligible, the Money Saving Expert founder has said
Martin Lewis has issued an urgent alert for people in the UK earning less than £35,000 per year, as they could be eligible for a payout worth nearly £6,000. The financial advice guru is on a mission to ensure that workers are aware the financial assistance they could receive from the government, if any, with Universal Credit offering a vital lifeline for those earning less than the national average, or right on the line.
Households with higher incomes are also eligible for financial aid, provided they have children and may face increased childcare costs. The money site also cautions individuals on similar or lower incomes might be missing out on other benefits, both means-tested and otherwise. "But you could be income stretching up to £40,000 a year of family income. If you’ve got Children and you’re paying for childcare and you’re paying for rent, you could still be entitled to universal credit. So that’s my rule of thumb family income below 40 grand.
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