Newark: Financial advice offered to residents before Universal Credit and Working Tax Credit cuts
Thousands of families in the Newark constituency face cuts to their benefits.
In October, the government plans to remove the £20 a week extra it paid in Universal Credit and Working Tax Credit to families to help them during the pandemic.
Figures released by the Joseph Rowntree Foundation show the number of families in each constituency that currently benefit from this uplift and are set to lose out on £1,040 a year.
A total of 6,390 families in the Newark constituency, which includes Bingham and Southwell, are in receipt of Universal Credit or Working Tax Credit and set to have their benefits cut.
Of those families, 3,630 have children.
In the Sherwood constituency, 7,530 families overall will take a blow — 4,410 which have children.
In Rushcliffe, 4,040 families will lose out — 2,200 with children.
Citizens Advice Sherwood & Newark is now offering information and advice to residents ahead of the upcoming removal to remind residents of the support available and that they are not alone.
Residents are urged to consider their current situation as if you are in debt or rent arrears alternative payment arrangements could be made for your Universal Credit; which you can find out more about by calling the Universal Credit helpline on 0800 328 5644.
If you are behind on your bills your first step should be to make a list of how much you owe and add up how much you will need to pay each month.
This will enable you to prioritise your debts as some bills can cause you more problems than others if you don't pay them, such as rent, mortgage arrears, energy bills and council tax.
It is also important to get in touch with the organisations you owe money to as they may be able to help by letting you pay smaller amounts or taking a break from payments.
Many organisations have put in place certain protections for people who have been struggling to pay their bills during the pandemic.
Breathing Space is a government-backed scheme that could give you extra time to pay, as if you're eligible you could get 60 days where creditors can't contact you, take action to make you pay or add interest and charges to your debt.
Citizens Advice Sherwood & Newark also have a budgeting tool on their website to help you set a budget and make sure you're getting all the income you're entitled to receive.
Everyone has different circumstances and if you feel you need more support or unable to manage your situation alone you can make an appointment with one of Citizens Advice Sherwood & Newark's debt advisors.