The Department for Work and Pensions (DWP) has confirmed that changes to the Universal Credit taper rate and work allowances will come into force this week.
Regulations have now been laid out to ensure the £2.2 billion tax cut announced in the Autumn Budget to help low-paid families with the cost of living and "reward work"will come into law on Wednesday, November 24.
Work allowances, the amount a claimant can earn before their Universal Credit is reduced, will increase by £500 per year meaning many families will be able to earn over £500 each month before their benefits are tapered off.
Simultaneously, the taper rate, the amount that a person’s Universal Credit is reduced by when their earnings are more than their work allowance, will
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