Michael Burton 08 November 2021

IFS reveals scope of Universal Credit

IFS reveals scope of Universal Credit image

Budget changes to Universal Credit mean families with well above-average earnings and even paying 40% rates of tax could be entitled to the benefit, according to an Institute for Fiscal Studies (IFS) report.

Although chancellor Rishi Sunak refused to maintain the extra £20 a week rise introduced in the pandemic, he did reduce the loss of entitlement for every extra £1 of earnings from 63p to 55p.

Mr Sunak also made other changes, bringing another 600,000 families into the system to take the total number of recipients to 7m or 26% of all working age families.

Tom Waters, a senior research economist at the IFS, said: ‘The reach of Universal Credit is perhaps much wider than is commonly understood.

'We are now in a situation in which lone parents and single earner couples with children, paying average sorts of rents, will still be entitled to Universal Credit when their earnings reach £50,000 and beyond.’

SIGN UP
For your free daily news bulletin
Highways jobs

Accounts Payable Adviser

Middlesbrough Council
£28,153 - £29,071 pro rata
You’ll bring a professional, customer-focused approach, excellent attention to detail Middlesbrough, North Yorkshire
Recuriter: Middlesbrough Council

Digital Development Officer

Ashfield District Council
£33,119 - £35,570 per annum
The post holder will be responsible for creating, developing and maintaining web applications built in-house Kirkby-in-Ashfield, Nottingham
Recuriter: Ashfield District Council

Senior Housing Assistant

Ashfield District Council
£33,119 - £35,570 per annum
You will be responsible for supervising a small team of Housing Assistants, whose primary task it is to administer the Council’s Housing Register. Kirkby-in-Ashfield, Nottingham
Recuriter: Ashfield District Council

Gardener

Wyre Borough Council
£26,427 - £27,274
This is a hands-on role working as part of a dedicated team responsible for the day‑to‑day upkeep of the borough’s green spaces. Wyre, Orkney
Recuriter: Wyre Borough Council

Technical and Admin Support Officer

Wyre Borough Council
£27,709 to £29,542
You will maintain accurate property information, support estates management activity and assist with the day-to-day administration Wyre, Orkney
Recuriter: Wyre Borough Council
Linkedin Banner