Money Matters

Your branch treasurer and Welfare Officer have agreed to provide some financial advise for our membership. The advise will be limited to that provided on this website and we cannot be held responsible for any action undertaken in respect of the advise provided.

Prior to 1 April 2015, if the spouse or partner of a serviceman had surrendered their Armed Forces widows’ pension on remarriage, they were entitled to ask for it to be reinstated if the second relationship terminated for any reason.  However, such reinstatement was not automatic, it was means-tested and at least 50% of applications were refused as a result. Although the means test was abolished from 1 April 2015 as part of the Justice for Widows settlement, there are still widows who do not realise that they could now reapply for reinstatement which should now happen as of right


A new armed forces National Insurance credit is available for spouses and civil partners who joined their partners on overseas postings. Click here for further details.


Transferable tax allowances for married couples and civil partners.


This allows a spouse or civil partner who is not liable to income tax above the basic rate to transfer £1,250 of their personal allowance to their spouse/civil partner, provided that the recipient of the transfer is not liable to income tax above the basic rate. For further details visit: 


Tracking Down Missing Savings


If you have moved a number of times and forgot to tell everyone and think you might have mislaid savings here is where you need to look:



Pension Credit. Pension Credit is an income-related benefit made up of 2 parts - Guarantee Credit and Savings Credit. Guarantee Credit tops up your weekly income if it’s below £155.60 (for single people) or £237.55 (for couples). These amounts do not include Universal Benefits, i.e. Attendance Allowance. Disabillity Living Allowance etc. Visit:


Oxstalls Service Station, Oxstalls Lane, Gloucester GL2 9HN, telephone:01452 301351 are offering a 10% discount to RAFA members on presentation of your membership card.