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Help to save government scheme, am I able to get it?

Dol987
Posts: 3 Newbie

I’ve just seen a clip of Martin Lewis explaining the help to save scheme where you can put a maximum of £50 a month and at the end of two years you get 50% of the maximum you’ve held in the account. He says it’s not just for people on benefits but for people on a low income. I do work, self employed and I am earning less than £9,000 a year and do not pay tax. I looked on the government website and looked at the list of who was eligible but it was only stating people who claimed some sort of benefits. Would I be able to apply for this savings account?
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Dol987 said:I’ve just seen a clip of Martin Lewis explaining the help to save scheme where you can put a maximum of £50 a month and at the end of two years you get 50% of the maximum you’ve held in the account. He says it’s not just for people on benefits but for people on a low income. I do work, self employed and I am earning less than £9,000 a year and do not pay tax. I looked on the government website and looked at the list of who was eligible but it was only stating people who claimed some sort of benefits. Would I be able to apply for this savings account?
https://www.gov.uk/get-help-savings-low-income/eligibility
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If you're earnings are that low, why aren't you claiming one of the benefits that would make you eligible?1
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Dol987 said:I’ve just seen a clip of Martin Lewis explaining the help to save scheme where you can put a maximum of £50 a month and at the end of two years you get 50% of the maximum you’ve held in the account. He says it’s not just for people on benefits but for people on a low income. I do work, self employed and I am earning less than £9,000 a year and do not pay tax. I looked on the government website and looked at the list of who was eligible but it was only stating people who claimed some sort of benefits. Would I be able to apply for this savings account?
But conversely I also knew it was the one time during the year that I would qualify so this time last year I applied and got it - you only need to be eligible at the time you apply so hopefully you manage it soon.1 -
Dol987 said:Petriix said:If your earnings are that low, why aren't you claiming one of the benefits that would make you eligible?
If you type in benefits checker on Google or whatever your browser is you'll find something.
It is a very useful savings scheme BUT its only £50 a month so if you don't get it just open one of the better RS, Nationwide or YBS for example. You can put more in those as well.2 -
Sorry. I skimmed down the topics and mis-read this headline as "Help to save the Government." Immediate thought; it's too late and they wouldn't listen anyway.
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Dol987 said:Petriix said:If your earnings are that low, why aren't you claiming one of the benefits that would make you eligible?0
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