Martin Lewis Answers Your Questions on Inflation, Car Finance, and Child Benefits
May 13, 2024questions
about that and I know you will take every opportunity to try to answer them. Martin, thank you very much, in fact, we'll get to morequestions
at the end of the show. you have been in touch all morning withyour
questions for Martin there is one about Char's benefit after the chancellor announced changes to the budget Steve says he earns £75,000 his wife earns nothing, they will still have to pay hischild
benefits
certainly for this year you will because you have more than 50,000, which means that they will take awayyour
child
benefit. He is the person with the highest income next year, so this April, I mean next month, next tax year, the threshold is 60 to 80,000, so you will have to pay part of his child benefit, but he will not have to pay everything and then, for what I am campaigning from April 2026, they are going to analyze a measurement of household income, but that is under consultation, we don't know. how it works, but it's a little better for you since the beginning of April because this yearCU, you are within the new threshold of 60 to 80, you can still get something Rob at that they checked the records and that they paid a discretionary commission to the dealer, they said I'll be in touch after September 25 and he thanks her, Lucy, although he asks what happens if he no longer has his documents.So go to your credit file and your old bank statements to find any documentation or any kind of details of what it means. Then it was contacting the lender, the regulator says they must do everything they can to locate you, so any evidence, even just trying to remember, I think it was at this time, I think it was when you contacted they. We're supposed to try and track it. Jamie says one of the financial companies was taken over by another company. The new company says they have no details even though Jamie provided all the original documentation.
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martin lewis answers your questions on inflation car finance and child benefits...
If they took over, if the new company acts absolutely, they are talking. Boulder Das balone and other bws. It occurs to me that you have the absolute right, if they have the responsibility, you have your documentation, they should deal with it, if they don't, we, from September onwards, certainly the FCA will crack down on that. but I would go back to them Martin, it's great to have you with us this morning.
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