Almost 6 million people in the UK claim Universal Credit from the Department for Work and Pensions (DWP), with another 5 million receiving financial help through Working Tax Credits.
Due to changes being made to the taper rate and work allowance regulations in November last year, the DWP has estimated that approximately 500,000 households may now be eligible for Universal Credit who weren't before.
As reported by the Daily Record, many who claim benefits are unaware of an initiative intended to assist them by boosting their savings by 50%.