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To think Money Saving Expert should know better

4 replies

ILikeCatsandDogs · 03/01/2023 01:01

Ok so bear with me as this is my first post but as a website that promotes itself on having such an exceptional knowledge of finance shouldn’t it’s reporters know that if a payment is made on the same date a full financial year apart they are in fact in separate financial years? thus making the cost of living package for the year £600 not £900 as reported. I can see why the government has made this mistake as they can be quite silly with money but shouldn’t Money Saving Expert know better? It’s baked into the title.
www.moneysavingexpert.com/news/2023/January/cost-of-living-payments-spring-2023/

OP posts:
NewBootsAndRanty · 03/01/2023 01:08

There's nothing to say that the third payment won't be made before the new financial year in 2024 though - just that it will be in 'Spring'.

malmi · 03/01/2023 01:52

But that page doesn't say "for the year" on it. You are looking for a problem that doesn't exist.

Krakenwakes · 03/01/2023 02:00

It doesn’t say anything about the same date a financial year apart. The implication is three payments in one financial year.

Christmascracker0 · 03/01/2023 02:03

I agree with PPs that financial years are not referenced anywhere, it just says what you could be entitled to in 2023 and 2024.

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