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Last updated: 04 February 2013

Being made redundant is a tough time and no doubt you will have concerns over money.

If you, or someone in your family, is made redundant, then there are a number of things you can do and need to think about.

First, you will be entitled to statutory redundancy pay – this is the minimum your employer has to give you. To work out how much you are entitled to, use this government calculator.

Jobseeker’s allowance

If you’ve lost your job and are actively looking for work, you can start claiming jobseeker’s allowance.

Once your form has been received, you will be asked to attend a local Jobcentre Plus for an interview where your claim will be assessed and be asked to sign an agreement which outlines the steps you will take to find a new job.

How much you get paid depend on your circumstances. The table below outlines what you might get for jobseeker’s allowance.

About You Maximum weekly amount
Under 25 £56.25
Over 25 £71.00
Couples/Civil partnerships £111.45


You can claim online here, or call 0800 055 6688. Call 0800 012 1888 for Welsh applications and 0800 023 4888 for text phone. Lines are open Monday to Friday from 8.00 am to 6.00 pm.

Your claim starts from the day you submit it. Any delays will result in a loss of benefits.

Also worth knowing:

  • Tax rebates – if you’ve been made redundant recently, you may be able to claim back some of the tax you paid. Go to the government’s tax checker page here.  If you start a new job within four weeks since you left your previous job, then you will get this refund via your new employer – just give them parts 2 and 3 of your P45
  • UP to £30,000 of your redundancy money is tax-free. Holiday pay will be taxed as normal pay

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Reduce your grocery bill by 70% this summer!

The kids are off school and they are going to be hungry – inevitably, the next few weeks will see the cost of your weekly shop shoot up.

To help families keep the costs of food shopping down, MMM put Approved Food to the test, which can help slash the cost of shopping by as much as 70%.

There is of course one catch – the food is past or close to its sell-by date, but perfectly safe.

With a £30 budget, MMM managed to bag a fair amount – cereals, tinned food, sweets and treats, drinks and even laundry detergent and dishwasher tablets – the sort of things where you can generally ignore the date stamped on the product.

If you’ve tried reducing the cost of the grub by switching brands or shopping at discount stores but think you can do better, then try Approved Food  – you’ll be surprised at just how much you could save on some store cupboard essentials.

New products are available everyday and there are some real bargains. For example, Sprite Zero 330ml for just 29p or a 2kg Reeses Peanut jar for just £2.99. There’s even stuff for pets, at more than 50% off.

MMM was really pleased with service and surprised at just how at just how much £30 would buy (see pic above/ instagram).

Although we would like to see Approved Food cut down on the cardboard packaging, the items arrived well packed and in excellent condition.

So, if you’re looking to save a few more pounds on your groceries, take a look at Approved food – you’ll be surprised at just how good the bargains are.


Keep up with MMM on Twitter @MumMoneyMatters and Facebook !


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