The Department for Work and Pensions (DWP) has said it worked “around the clock” to implement a reduction to the Universal Credit taper rate as well as an increase to claimants’ work allowances ahead of the schedule announced by Chancellor Rishi Sunak in his recent Budget.
By bringing the rule change forward to November 24 instead of the planned date of December 1, the DWP said that “up to 500,000 more people could benefit before Christmas with almost two million of the lowest paid in-work claimants overall being better off by around £1,000 a year on average”.
Claimants are being notified of how much Universal Credit they will be awarded in their usual monthly statement. Commenting on the changes, Work and Pensions Secretary Thérèse
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