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Website is fixed.Highest balance reached in years 1 and 2£850Bonus earned (50% of £850)£425Bonus paid from1 April 2020Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb1
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My bank account tells me that my bonus is pending and due in tomorrow. Relief and joy! HMRC website error message about the bonus is fixed, but still has error re: second bonus not due ("This is because you only have 23 months left and can only pay in £50 per month.") Clearly wrong, as year three has not yet commenced. I imagine that this will go away when my first payment of YR 3 goes in later in the month.
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I rec' my e-mail reply today.
Your bonus payment will be paid on 08/04/2020 into your nominated bank account, and your bonus balance will be corrected once that payment is made.
After HMRC acknowledged the temp website error.Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0 -
losdemas2000 said:My bank account tells me that my bonus is pending and due in tomorrow. Relief and joy! HMRC website error message about the bonus is fixed, but still has error re: second bonus not due ("This is because you only have 23 months left and can only pay in £50 per month.") Clearly wrong, as year three has not yet commenced. I imagine that this will go away when my first payment of YR 3 goes in later in the month.
Not as generous as years 1+2 as it is highest balance from years 1+2 - Highest balance years 3+4
So I had 850 highest balance from years1+2
850 is minus my years 3+4 balance which If I ever Manage say another 23*50=1150(years 3+4)-850(years 1+2)=300
50% 150 pounds that's if I Manage another 23 50 pounds over next two years.After 4 years, you’ll get a final bonus if you continue to save. This bonus will be 50% of the difference between 2 amounts:
- the highest balance saved in the first 2 years (years 1 and 2)
- the highest balance saved in the last 2 years (years 3 and 4)
Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0 -
Dandytf said:losdemas2000 said:My bank account tells me that my bonus is pending and due in tomorrow. Relief and joy! HMRC website error message about the bonus is fixed, but still has error re: second bonus not due ("This is because you only have 23 months left and can only pay in £50 per month.") Clearly wrong, as year three has not yet commenced. I imagine that this will go away when my first payment of YR 3 goes in later in the month.
Not as generous as years 1+2 as it is highest balance from years 1+2 - Highest balance years 3+4
So I had 850 highest balance from years1+2
850 is minus my years 3+4 balance which If I ever Manage say another 23*50=1150(years 3+4)-850(years 1+2)=300
50% 150 pounds that's if I Manage another 23 50 pounds over next two years.After 4 years, you’ll get a final bonus if you continue to save. This bonus will be 50% of the difference between 2 amounts:
- the highest balance saved in the first 2 years (years 1 and 2)
- the highest balance saved in the last 2 years (years 3 and 4)
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@spennysafc
Disappointed you missed my 'New Rules' text in my Signature.
Whilst your Maths area excellent, Aqua have almost 90% of my years 1+2 help to save bonus due to be paid to them.
No complaints, genuine attempt to avoid any action from them as my crediting rating slowly improves.
Help2save has been ideal to at least try and save every month.
There is some FCA talk of Persistent Debt Rules being on hold until October -doesn't change the fact I want to get interest each month below amount re paid (over 18 months).
Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0 -
Is this a one off savings scheme? Or can you re join after the four years are up, and start again? Thanks
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Hi all,Anyone know if the minimum employment income of £604.56 for UC claimants counts the Self-Employed Grant? I'm guessing not as it's not really employment income, but as HMRC will count the grant towards my self-assessment income I wondered if perhaps there was chance they may for this purpose too...
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To open this bank account, you must have an income of £604.56 in your last Universal Credit assessment (UC itself doesn't count towards the £604.56, it must be solely income from employment or self employment).
For every £1 you earn, your UC payment reduces by 63p. So if you earn £649 or more, your Universal Credit payment is zero for that month.
Are they basically saying my income must be exactly between £604.56 and £649 to apply for this account (because they want me to be claiming UC) - that seems like a very narrow window to hit!
Or, say I earn £1000 one month and nothing the next month. It means I have zero UC for one assessment period and then £409 for the next assessment period. Can I apply in this scenario?1
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