Help to Save pushed back
Initiative. Help to Save (HTS) is an initiative that is currently being piloted by the government to encourage those on lower incomes to start saving. The scheme will eventually be available to those who receive working tax credits, and those who receive Universal Credit with a household or individual income of at least £542.88 - measured in the last monthly assessment period before the HTS application is made.
Bonus. Eligible clients can deposit up to £50 per month, and this will be supplemented by a tax-free bonus at the end of two years. The bonus will be based on the highest balance during that period. HTS was due to become available from April 2018, but this has now been pushed back to October 2018.