Martin Lewis urges UK Chancellor Rachel Reeves to reform the "perverse" carer's allowance rule.

Money Saving Expert founder, Martin Lewis, urges new UK Chancellor, Rachel Reeves, to address the "perverse" carer's allowance rule, where unpaid carers lose their entitlement if they earn over £151, leading to prosecutions. Lewis suggests four measures, including renaming the tax-free childcare offer and cancelling withdrawal penalties for first-time house buyers using lifetime ISAs, without significant taxpayer cost.

July 24, 2024
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