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Savings scheme for those on low incomes gives up to £1,200 bonus - MSE News

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  • ColdIron
    ColdIron Posts: 9,914 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Tax relief on pension contributions is a powerful encouragement for people who are earning and not on benefits
  • sunshine81 wrote: »
    Wow the 'stereotypers' are out in force...

    I'm not lazy, nor a tax cheat, nor a benefit fraudster, nor poorly educated. I'm eligible for this scheme as I receive working (yes WORKING) tax credits and child tax credits. I work full time for the NHS and have two young children who need childcare while I work... Their dad decided he was going to be a pick and mix parent and left us two years ago.

    I'm going to utilise the scheme and save the £50 a month, which I'll raise either by selling something or making cuts somewhere else in the month.

    No scheme ever suits anybody, every scheme is not for everyone... I'm grateful this one fits me and will give my house deposit saving a boost.

    Good for you, isn't it sad that this forum can be used to abuse the less fortunate and disabled in our society.
    Not everyone on benefits is a cheat or tax dodger !
  • ruperts
    ruperts Posts: 3,673 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    I'm sure the scheme will generate data that will no doubt show patterns in the type of situations that give rise to someone both being on benefits and able to save £50 per month. How will the Tories react to finding pockets of the welfare system that pay more than is strictly necessary, I wonder. Full marks for cunning on this one.
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