Help To Save Gov.Uk
Stand #: B12
Domain: hmrc.gov.uk
Short description

Help to Save is a UK Government backed saving scheme aimed at encouraging a savings habit for people on lower incomes.

Detailed information

Help to Save is a UK Government backed saving scheme aimed at encouraging a savings habit for people on lower incomes.
The scheme is designed to support working people on tax credits and Universal Credit to build their savings. They can save between £1 and £50 every calendar month and accounts last for four years from the date they open the account.
After two years, they will get a 50% tax-free bonus on their savings. And if they continue saving they could get another 50% tax-free bonus after four years. This means they could receive tax-free bonuses worth up to £1,200, to spend how they like.
Our aim is to promote and raise awareness of the benefits of the scheme to delegates, outlining the opportunity the Help to Save scheme offers with regards providing Financial Inclusion / Wellbeing for their employees and customers.
We attended the Employee Benefits Live event in 2019 and here is what some of our many visitors had to say:
“excellent for financial wellbeing of our employees”
“will look to promoting the scheme as this will enable us to show ourselves as a caring employer, signposting eligible employees to the scheme”
“Really pleased we came today and discovered this scheme”

Stand Location: B12
Contact Email: vincent.egan@hmrc.gov.uk
Contact:   Mr Vince Egan
Address

WP1214,
Waterview Park,
Washington

County/State: Durham
Telephone: Tel: 03000 599322 Mob: 07811 304144
Postcode/ZIP: NE38 8QG
Country: United Kingdom

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