Help to save

Stromtrooper

Hi. I’ve just signed up for help to save and started putting a bit back. As my wife and I were historically overpaid some working family tax credit, I am concerned that when my help to save account matures some or all of it may be taken back to cover our outstanding debt. Does anyone have any experience of this? Many thanks

marcia_

Stromtrooper said:

Hi. I’ve just signed up for help to save and started putting a bit back. As my wife and I were historically overpaid some working family tax credit, I am concerned that when my help to save account matures some or all of it may be taken back to cover our outstanding debt. Does anyone have any experience of this? Many thanks

 I doubt very much this can happen and have not seen anything like that mentioned on the forums. 

 I had one for 4 years hubby is in to year 2 on his, we have a tax credit debt but our account wasn't touched. 

winkowinko

Thinking of setting this up for my sister.

She can't actually afford to save £50 a month, but if I were to put my own money into it each month, would that be acceptable? Or does the new money need to come from an account of her own?

strawb_shortcake

winkowinko said:

Thinking of setting this up for my sister.

She can't actually afford to save £50 a month, but if I were to put my own money into it each month, would that be acceptable? Or does the new money need to come from an account of her own?

I've paid into my Husband's account for the last 4 years without issue

winkowinko

strawb_shortcake said:

winkowinko said:

Thinking of setting this up for my sister.

She can't actually afford to save £50 a month, but if I were to put my own money into it each month, would that be acceptable? Or does the new money need to come from an account of her own?

I've paid into my Husband's account for the last 4 years without issue

Good to know.

Thanks