Citizens Advice has raised concerns about the issue of returning money to the pockets of those who lost out as a result of the changes to the ten pence tax rate.
Thousands of people approach Citizens Advice about debt each month in the UK and the charity is keen to ensure that those who are due to be reimbursed after the government’s reversal on tax changes receive their money in good time.
According to the organisation, there are so many people with debt management and other financial issues to worry about that they need all money-related concerns resolved as quickly as possible.
“While we welcome the government’s recent commitment to compensate those who have lost out, it is vital that any measures can be introduced quickly, are backdated and are easy for people to receive,” said Katie Lane, social policy officer for Citizens Advice.
Last week, Moneysupermarket.com suggested that millions of people in the UK are living in denial about the state of their finances and the extent of the debt problems.