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  2. Working Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Working_tax_credit

    Around 7 million people in the UK were entitled to claim Working Tax Credit or the companion Child Tax Credit, although around 2 million people do not do so. The levels of Tax Credit take-up in the UK have not risen in recent years, despite an increase of 100,000 children living in households classed as "below the poverty line" between 2004 and ...

  3. Tax credit overpayment - Wikipedia

    en.wikipedia.org/wiki/Tax_credit_overpayment

    Finalised Tax Credit Awards 2003-2004 Finalised Tax Credit Awards 2004-2005 Finalised Tax Credit Awards 2005-2006; 5,670,000 claims for Tax Credits. 6,458,000 claims for Tax Credits. 6,480,000 claims for Tax Credits. 1,879,000 claims were overpaid by a total of £1,931,000,000. 33.14% of claims OVERPAID.

  4. Research and Development Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Research_and_Development...

    As at 2013, nearly 100,000 claims have been made and over £9.5 billion of relief has been claimed since the R&D tax credit scheme was launched. More than 28,000 different companies have made claims under the SME scheme, and 7,500 under the large company scheme [6]

  5. Universal Credit - Wikipedia

    en.wikipedia.org/wiki/Universal_Credit

    Logo. Universal Credit is a United Kingdom based social security payment. It is means-tested and is replacing and combining six benefits, for working-age households with a low income: income-related Employment and Support Allowance (ESA), income-based Jobseeker's Allowance (JSA), and Income Support; Child Tax Credit (CTC) and Working Tax Credit (WTC); and Housing Benefit.

  6. Payment protection insurance - Wikipedia

    en.wikipedia.org/wiki/Payment_protection_insurance

    Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.

  7. Research and Development Expenditure Credit - Wikipedia

    en.wikipedia.org/wiki/Research_and_Development...

    The Research and Development Expenditure Credit (RDEC), introduced in 2013, is a UK tax incentive designed to encourage large companies to invest in R&D in the UK. Companies can reduce their tax bill or claim payable cash credits as a proportion of their R&D expenditure.

  8. More than a third of all Universal Credit claims made since ...

    www.aol.com/more-third-universal-credit-claims...

    There were 4.5 million claims for the benefit between March 13 2020 and January 14 2021, according to the Department for Work and Pensions. More than a third of all Universal Credit claims made ...

  9. Financial Services Compensation Scheme - Wikipedia

    en.wikipedia.org/wiki/Financial_Services...

    The Financial Services Compensation Scheme (FSCS) is the UK's statutory compensation scheme for customers of UK authorised financial services firms. This means it can step in to pay compensation if a firm is unable, or likely to be unable, to pay claims against it. Compensation can be in any form and by any method it determines is appropriate. [1]