Here you can find frequently asked questions about money issues.

What benefits am I entitled to receive?

The benefits that are are able to receive depends on your situation.  If you have lost your job you may be entitled to benefits while you are looking for work, if you work but you are on a low income you may be eligible to receive a tax credit, if you work but are struggling to pay your rent or mortgage you may be eligibile for some type of housing benefit, if you work, are on low income and have children you may be able to receive help paying for child care and if you have a disability, you may be entitled to benefits. 

For information on benefits related to work:

Visit the "Work" section in myUKinfo.

For information on benefits related to housing:

Visit the "Housing" section in myUKinfo.

For information on benefits related to family, children or disability:

Visit the Family "Benefits" section in myUKinfo.

For more information on other benefits and tax credits:

Visit the "Benefits" section in myUKinfo.

How do I open a UK bank account and what documents do I need?

To open a UK bank account you will usually need documents to prove who you are and where you live.  Example documents might be your passport and a utility bill with your name and UK address on it.  For more information on opening a UK bank account:

Visit the "Opening an Account" section in myUKinfo.

What taxes are deducted from my salary?

The taxes that are usually taken out of your salary are Income Tax- which the government collects to pay for public services, and National Insurance Contributions (NIC's) which build up give you an allowance to certain social security benefits.  The amount of tex deducted from your salary depends on your job and how much you earn.  For more information on taxes:

Visit the "Types of Taxes" section in myUKinfo.

What is an overdraft?

An overdraft is when you withdraw more money that you actually have in yourt bank account.  In many cases, unless you have overdraft protection, you can get fined for overdrawing on your account.  For more information on overdrafts and overdraft protection:

Visit the "Types of Bank Accounts" section in myUKinfo.