Many have found that their working hours have been reduced as a result of Covid-19. As a result, their income has also reduced. However, this does not necessarily mean that you meet the Governments eligibility criteria to receive relief benefits.
During these times, it is important to build a cash buffer. So if your income has been reduced, consider;
- Applying to the Government to have the amount of tax withheld from your pay reduced, meaning you will have more cash in your pocket now, and
- Reviewing your spending, reducing costs and preparing a budget.
For other helpful tips to get you through this period and come out the other end without having a financial hangover, read this blog.
Regardless of your situation, we are here to help you. Let’s work together to create a plan to help you and your family through this challenging time!
Our Covid-19 blog is full of more useful information and additional resources, so please make sure you click here to check it out!
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