There are some important changes coming in December
With Christmas just around the corner, December can be an expensive month for many families. And with the cost of living high, money is on many minds in the run up to the festive season.
December 15 - Bank of England interest rates decision The Bank of England will meet on December 15 to decide whether to raise interest rates for the ninth time in a row. December 18 - Pension Credit cut off If you think you might be eligible for Pension Credit, then December 18 is the last day to backdate a claim to qualify for the £324 cost of living payment.It also unlocks extra help including council tax discounts, housing benefit, free health costs and a free TV Licence for the over 75s.Sign up to Glasgow Live's newsletter Get all the latest Glasgow news and headlines sent straight to your inbox twice a day by signing up to our free newsletter.
December 26 - Boxing Day sales The Boxing Day sales officially start on December 26 - and this can be a great time to stock up on discounted presents for next year. There are a few bank holiday dates coming up, including Monday, December 26 and Tuesday, December 27.If your benefit is due on these days, then you may find you get paid on the previous working day, so on Friday, December 23.
Tax Credit households expecting a payment on Tuesday, January 3 will also be paid on December 30, or on January 3 for payments due on Wednesday, January 4 in England and Northern Ireland.
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