Government’s Help to Save scheme now open to 550,000 more people to help with cost of living
Those saving £50 a month can expect £25 Government top-up, putting more money in people’s pockets
Part of Government’s mission to grow the economy and deliver on our Plan for Change
More than half a million more UK savers are in line for Government bonuses worth up to £25 a month to boost their cash
With the New Year a popular time to change job, those seeking a career change can join the 1.2 million people a month already saving precious time with an essential app download for 2024.
Help to Save customers have received £146 million in bonus payments since the scheme launched in September 2018 and HM Revenue and Customs (HMRC) is urging individuals to take advantage of the generous savings scheme this World Savings Day (31 October).
Help to Save is the government savings scheme for low-income earners and offers savers a 50% bonus payment worth up to £1,200 over a maximum of
Help to Save – the government savings scheme for low-income earners, which offers a 50% bonus payment worth up to £1,200 over 4 years – has been extended to April 2025, HM Revenue and Customs (HMRC) has confirmed.
More than 264,000 individuals have opened a Help to Save account and could be earning money on their savings, statistics from HM Revenue and Customs (HMRC) have revealed.
More than 60,400 savers across the UK have earned their first Help to Save bonus payment, each receiving an average of £378 in time for Christmas, HM Revenue and Customs (HMRC) can reveal.
Around 163,000 people have signed up to the government’s Help to Save saving scheme – depositing more than £4 million, Her Majesty’s Revenue and Customs (HMRC) reveals today.
Over 132,000 people have signed up to the government-backed savings account Help to Save – depositing more than £31.4 million.
More than 90,000 people have signed up to the Government’s new saving account – Help to Save – depositing over £13 million.
Start a new saving habit in 2019 and get a 50% boost - New app tool to help savers set goals and personal reminders
From helping people buy their first home to government-funded top-ups for savers, HM Revenue and Customs (HMRC) is supporting Talk Money Week and reminding taxpayers how the department can help boost their finances.
Hardworking people on low incomes are set to benefit from a new Government savings account that offers a 50% bonus. Help to Save will reward savers with an extra 50p for every £1 saved, meaning over 4 years a maximum saving of £2,400 would result in an overall bonus of £1,200.
HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.
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