Major change to Universal Credit savings account from tomorrow – see if you can get £1,200 free cash

HUNDREDS of thousands on Universal Credit will benefit from a major change to a Government savings account from tomorrow.

HMRC is loosening its eligibility criteria for the Help to Save scheme meaning those on lower incomes can apply.

GettyThe Help to Save scheme is being expanded to more households on Universal Credit[/caption]

The scheme is currently open to those on tax credits and Universal Credit claimants who earned £846.56 or more in their last assessment period.

However...