Martin Lewis RECAP — 7m Brits MISSING OUT on benefits urged to take action plus Tesco Clubcard warning and savings tips

That's a wrap folks

The latest series of the Martin Lewis Money Show has come to an end.

You can stay up to date on the latest news right here on The Sun.

We hope the tips below will help you tackle the cost of living crisis.

13m Tesco Clubcard vouchers expiring in 8 days

Check whether you have them on the Tesco Clubcard website

If you dont think you can use them in time, here's what to do.

So if you spend 50p using a £10 Clubcard voucher, you'll get £9.50 back as new vouchers.#

These will be valid for two years.

Private rents are going up

Often they go up as Landlord have buy to let mortgages - but the edges need to be smoothed, says MArtin.

"Either way, it's going to be a tough year next year" he added.

Martin argues that many people out of work need benefits

Many people on benefits are in dire help.

Some on Twitter have said those on benefits are "scroungers".

An expert says that even if you earn a pound, compared to the 55p offered on UC, you are still better off.

Work is good for us and it means we will be better off, he advises.

But Martin argues that as part of a "civilised society" a benefits system is vital for helping those in need,

7m Brits could be entitled to Universal Credit

Martin says it's important you check if you're eligible for benefits you may not realise you were offered.

If you're a family earning £40,000, Martin advises you check online.

You can do this using a benefits calculator.

Child benefit overpayments can be recouped by HMRC

Earlier this year, the Government introduced a power to go and collect child beneft OVER PAYMENTS.

In fact they can look historically and search back.

You need to inform HMRC if your circumstances change.

Martin Lewis’ easy saving challenge

Karen Stocker, 45, from Plumstead, London, has been following a savings plan with her spare change throughout the year – known as the 1p Savings Challenge.

Money-saving challenges are budgeting activities where someone can set a financial goal in a creative way, rather than having to add a certain amount to a savings bank account each month.

They usually involve stashing away a bit of money each day, week or month until you’ve got enough to put towards a holiday, special occasion or birthday present.

The 1p money saving initiative, made popular by the money saving expert Martin Lewis, starts with saving 1p on January 1, then 2p on January 2, then 3p on January 3 and so on, with the last day of the year totalling £3.65.

If you started on January 1, 2021, then by December 31, 2021 you’ll have saved a grand total of £667.95.

Are freelance workers on PAYE contracts considered an employee?

Yes, meaning you dont have to to fill out a tax return.

If you're on PAYE, you're an employee of a company and they should sort your tax for you

Martin's Tax Code warning

Millions are on the wrong tax code.

Some are paying too much money in tax, while some aren;t paying enough - and they will get hit with a big bill.

If you're one of the former, HMRC say it's your responsibility to make sure you're not underpaying tax, Martin warned.

Martin explains what fiscal drag means

If your earnings go up in cash terms, the bigger the proportion of your income in tax.

This is called fiscal drag.

It means more of your money gets taxed even if you're earning more.

Lots of people still not getting energy rebate

Martin says that must be people on pre payment meters.

You need to get in contact with them as they shoudl have been in touch with you.

He says "politely ask them what';s going on".

Many of the poorest people in society are on pre-payment meters.

Few tools for 'squeezed' middle earners, says Martin

The only options left are to change the energy insulation and efficiency of your home.

They are the "tools in the arsenal" for the Squeezed middle, says Martin.

For middle earners, reducing the amount of energy you use is all you can do.

Cost of Living payments: Still no info on when the cash will come

Martin is going through the Cost of Living payments.

He says the Government hasn't revealed when the payments will start coming through.

Prices WILL go up in the future, warns Martin

Nothing you can lock into will prevent you from paying more on your energy bills in the future, says Martin.

You will see rising bills unless the guarantee drops.

Energy payments not being paid next winter

It reduces your bills and everyone else's bills

However, the £400 per typical household is not being paid next winter.

Energy price guarantee

Martin Lewis is looking at the energy price guarantee of £3,000.

He says if it were still the price cap, we'd be worse off.

Martin's Christmas message

Sometimes giving nothing, is the best gift of all, says Martin

He advises not to go mad this Xmas.

Viewer saved £375 through switching bank accounts

Martin Lewis says they won't be around forever.

If you want to get the cash in time for Xmas, then don't delay and look at what banks are offering for switches.

Martin says 7 million missing out

Martin says he has a full picture about how the budget will hit your pocket.

And he will give more on tax and benefits  - which 7 million are going without.

He's back!

Cue intro music!

Martin and Angelica Bell are back on our screens for the final time this year.

With Christmas around the corner and a range of new measures to talk through, his weekly show has been more important than ever.

Stick with us for the latest updates before.

Martin Lewis returns in five minutes' time

Take notes everyone - Martin Lewis returns with more expert advice on how to save money during the Cost of Living crisis.

The MoneySavingExpert is expected to cover a range of subjects - so it's well worth paying attention!