Increasing and Maximising Income
Increasing & maximising income is important and can go hand in hand with debt & money advice:
- Check all benefit, tax and pension credit entitlement
- Check tax issues (allowances, how much should you pay etc)
- Increasing and upping your income in general (second job, rent out a room etc)
Benefit, Tax and Pension Credits
Making sure you are in receipt of the correct benefits, tax and pension credits and other grants could make a significant difference to your overall situation. This could be of particular importance where a change of circumstance has taken place such as job loss, reduction in income, new child, retirement, health issues, relationship issues, housing etc
Useful links
- NEDCAB Benefits Page
- CAB Adviceguide
- Citizens Advice (help for people on low income)
- gov uk (Benefits)
- Working Families Website (benefits and tax credits)
- AgeUK (claiming benefits and Pension Credit)
- Royal British Legion (benefits and money advice service)
- Martin Lewis (moneysavingexpert) - Benefits and Tax Credits
- Martin Lewis (moneysavingexpert) - Up Your Money
- Consumer Action Group
- Rightsnet
- Take a part time second job
- Rent out a room
- Contributions from non-dependants living with you
- Rent out your garage
- Sell any unwanted household items (ie car boot sales, online auctions etc.)
Benefit and Tax Credit Calculators
Forums on benefit, tax & pension credit issues
Forums can be useful for asking questions and also seeing that other people are going through the same things as you. You will have to sign up to them to post new messages but can read them without.
Tax Issues & Information
Understanding tax and how it affects you can also be important as it could make a difference to your overall income.
Useful links
Forums on tax issues
Forums can be useful for asking questions and also seeing that other people are going through the same things as you. You will have to sign up to them to post new messages but can read them without.
Increasing / Upping Your Income (General)
There may be other ways of increasing your income:
Useful Links
Forums
Forums can be useful for asking questions and also seeing that other people are going through the same things as you. You will have to sign up to them to post new messages but can read them without.
What does this mean?