Money Matters


On this page:

National Insurance Credits for Service spouses and civil partners
Jobseeker's Allowance for spouses/civil partners of Service personnel returning from overseas assignment
National Insurance contributions: effect on State Pension
Army families can avoid excess mortgage fees if they own a home and are forced to rent it out due to postings
Can you claim Marriage Allowance?
Brexit and your overseas posting
Changes to lettings legislation
Car insurers offer better deal for Armed Forces personnel
Bedroom Tax
Government help to buy ISA
Entitlement to claim Jobseekers Allowance (JSA) for spouses and adult children of Service personnel
Armed Forces Pension Scheme 2015
Forces Help to Buy (FHTB) scheme
Mortgage barriers for Armed Forces families
MOD Ex-Gratia Payment in lieu of Maternity Allowance
Financial top tips for Service personnel
Sure Start Maternity Grant - Overseas Applications
Moving back to the UK? Think about your finances

 

National Insurance Credits for Service spouses and civil partners

On 6 April 2016, the National Insurance (NI) credit to protect the state pension of spouses and civil partners of Service personnel was backdated to 1975. Read more

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Jobseeker's Allowance for spouses/civil partners of Service personnel returning from overseas assignment

If your family is returning from overseas, find out about ensuring you are not disadvantaged when claiming Jobseeker's Allowance (JSA), thanks to the Armed Forces Covenant. Click here to read more.

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National Insurance contributions: effect on State Pension

AFF is aware of a current petition regarding changes to the National Insurance (NI) contributions Forces’ personnel make. Read more

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Army families can avoid excess mortgage fees if they own a home and are forced to rent it out due to postings

AFF is thrilled that after a great deal of campaigning, Army families posted within the UK or overseas are now able to rent out their homes without facing higher mortgage charges or having to change their existing mortgage deal, saving them time and money. Read more.

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Can you claim Marriage Allowance?

Does the non-serving partner in your family earn less than £11,000? If so, you could pay less tax by applying for the Marriage Allowance. Read more.

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Brexit and your overseas posting

Are you posted overseas and have concerns about Local Overseas Allowance (LOA) and exchange rates as a result of Brexit? Read more.

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Changes to lettings legislation

Do you own a property and let it out? If so, changes to tax regulations were implemented in April 2017 that may affect you. Read more.

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AFF in ActionCar insurers offer better deal for Armed Forces personnel [AFF in Action]

AFF is delighted with the news of an agreement from the Association of British Insurers (ABI) and the British Insurance Brokers Association (BIBA). After much campaigning, Armed Forces families will now keep their no claims bonus for up to three years and save on cancellation fees if you need to cancel at short notice due to an overseas posting. Read more.

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AFF InvestigatesBedroom Tax [AFF investigates]

Whether or not a member of the Armed Forces lives at home with their parents is a matter for the Local Authority (LA) to decide based on all the available facts. Read more.

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Government help to buy ISA

Good news for first time buyers: you could save up to £200 a month towards your first home with a Help to Buy ISA, and what’s more, the government will boost your savings by an extra 25 per cent - that’s an additional £50 bonus for every £200 you save. Read more.

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Entitlement to claim Jobseekers Allowance (JSA) for spouses and adult children of Service personnel

Previous residence rules exempted Service spouses and adult children returning from overseas to claiming Jobseekers allowance for three-month residence requirement. Read more.

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Armed Forces Pension Scheme 2015

Did you know that, since the new Armed Forces Pension Scheme 2015 (AFPS 15) was introduced, it now takes up to 30 working days from the day of your soldier’s discharge for all pension and compensation payments to be processed? Read more.

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Forces Help to Buy (FHTB) scheme

The Forces Help to Buy (FHTB) scheme is an advance of salary scheme, which is available to help Service personnel who want to buy their first home and to enable the option to self-build amongst eligible Service personnel. Read more

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Mortgage barriers for Armed Forces families

AFF has received a number of queries from families experiencing barriers when applying for a mortgage. We are keen to remove these disadvantages and we want lenders to understand that due to our Armed Forces lifestyle, our circumstances are different to civilians and therefore more understanding is required. Read more.

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MOD Ex-Gratia Payment in lieu of Maternity Allowance

If you are accompanying your spouse/civil partner overseas and fall pregnant, you may be entitled to an Ex-Gratia Payment in lieu of Maternity Allowance if you are prevented from claiming the normal Maternity Allowance. The MOD Ex-Gratia Payment in lieu of Maternity Allowance policy applies to eligible spouse/civil partners who accompany their Service spouses overseas to countries outside the EEA and where there is no reciprocal benefit agreement. Read more.

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Financial top tips for Service personnel

A series of 'top tips' offering Service personnel practical advice on financial issues has been produced by the government and representative bodies from the financial sector. Read more.

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Sure Start Maternity Grant - overseas applications

The original instruction from the MOD stated that Sure Start Maternity Grants (SSMG) for those living overseas should be claimed from the Department for Work and Pensions (DWP) through a single point of contact. This address has since changed and applications should go through the DWP Social Fund department. Read more.

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Moving back to the UK? Think about your finances

If you are moving back to the UK after a stint overseas, it is a good idea to consider the implicationson your finances. Read more.


AFF Specialist

Laura Lewin
Tel: 0779 904 5955 
Email: etam@aff.org.uk

This post is generously supported by ABF The Soldiers’ Charity

 

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