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Government Saving Account

Money Saving

Did you hear about saving account with HMRC where Gov will pay 50% of what you save to help us to save some money?

Do you think its beneficial?

WindowShopper
1 month ago
What do you think of this?
WindowShopper
WindowShopper
Original Poster
1 month ago
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MeestairChrees
MeestairChrees1 month ago

Certainly sounds good for those that qualify. If I qualified I'd sign up straight away.

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angemski
angemski1 month ago

I've never heard anything about this - it's an interesting scheme that could really encourage people who wouldn't normally feel that they could afford to save.

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WindowShopper
WindowShopper
Original Poster
1 month ago
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davidstockport
davidstockport1 month ago

To prevent any confusion I don't think it is 50% interest per annum but 50% over four years subject to certain conditions.

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Ann1984
Ann19841 month ago

this is a government fund do you really trust them who’s to say at end you able to save which is 50 a month and they turn round and say your able to save do your not struggling and they then deduct it I just don’t trust it

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