With the furlough scheme due to end in September and many individuals still facing uncertainty over their employment status, social enterprise IncomeMax has advised that those affected could be entitled to up to £25,000 extra annual income, which they can get help acquiring through its free services.
IncomeMax says that individuals are missing out on billions of pounds of money that they are entitled to but unaware of, including benefits, grants and help paying bills and debts.
The Big Issue also reports that depending on individual circumstances, people who are facing financial difficulties could be entitled to all manner of income support such as universal credit, council tax support and money towards household bills. Some may also be eligible for funds towards children, disabilities and caring responsibilities.
IncomeMax, which has been helping people since 2009, is a social enterprise established to help people access the loans grants and benefits that they may not know about but are eligible for.
To help those in need during the Covid-19 pandemic, IncomeMax has been offering free, confidential advice through its digital Bounce Back campaign which will run until August 8.
After registering, users receive a checklist that will help maximise their income and provide resources to help with personal finances. For those with additional needs, the option is open to speak to an expert and receive confidential advice online or over the phone.
IncomeMax reports that eight in ten people who get in touch discover that they are entitled to free money. Indeed, the social enterprise has already helped find £30 million in new income for those who have used its services.
IncomeMax founder and chief executive, Lee Healey, said: “It’s not uncommon for us to find people £16,000 to £25,000 extra annual income. Signing up takes just two minutes and gets you our exclusive Bounce Back checklist to maximise your income, packed full of links to extra tools, resources and information to help you level up your finances.
“At IncomeMax we want to do everything we can to help people level up their finances and bounce back from the pandemic. So, we have made our digital Bounce Back service completely free and as quick and easy to use as possible so that we can bring income maximisation to the nation and help thousands more people access the support that they need to recover.”
