There are a number of government support schemes to help the Cost of Living some new and some existing that you may not be aware of.
The government has increased the threshold at which you start paying NI. This means that you can now earn £12,570 a year completely tax-free.
That means that from July anyone earning £36,600 or less (around 70% of UK workers) will pay less NI with a typical saving of £330 a year.
National Minimum and National Living Wages
In April both the National Living and National Minimum Wage rates increased. If you are on either of these pay methods do check your pay slip to make sure you've received the uplift. If you don't think you are do speak with your employer.
Claim Universal Credit
If you’re on low income, out of work or cannot work you may be eligible for Universal Credit. You can check if you’re eligible for Universal Credit here.
Earlier this year the government also increased the UC taper meaning claimants keep more of the money they earn. Do check you are receiving this uplift and if you don't think you are you should contact the DWP.
Claim Marriage Allowance
Marriage Allowance allows you to transfer 10% (up to £1,260) of your personal tax allowance to your husband, wife or civil partner if you earn less than the personal tax allowance.
Support for Carers
If you care for somebody at least 35 hours a week and they get certain benefits (eg PIP, Disability Living Allowance, etc) you could get up to £69.70 a week.
You don't have to be related to, or live with, the person you care for.
You could get extra money to help with your living costs if you’re over State Pension age and on a low income: even if you have savings or own your own home.
Help to Save
If you're entitled to Working Tax Credit or Universal Credit you can get a 50p bonus for every £1 you save over 4 years through the Help to Save scheme.
Child Trust Funds
Children born between 1st September 2002 and 2nd January 2011 may have a Child Trust Fund which is a long-term tax-free savings account.
If you're not sure whether you have an account or who your provider may be then do take a look at this support guide.
Get help if you cannot pay your tax bill
If you find you're struggling to pay your tax bill then do contact HMRC as soon as possible.
HMRC can set up a scheme to help you repay your tax, eg through instalments depending on your individual circumstances and what you can afford.
You may also be entitled to a Council Tax reduction if you are e.g a single person living alone.