Comparing investment in Universal Credit work allowances and taper rate

Document type
Briefing
Corporate author(s)
Joseph Rowntree Foundation
Publisher
Joseph Rowntree Foundation
Date of publication
10 September 2018
Subject(s)
Social Policy, Poverty Alleviation Welfare Benefits and Financial Inclusion, Families
Collection
Social welfare
Material type
Reports

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This analysis looks at different ways of boosting the budgets of low-income working households claiming Universal Credit (UC). It compares investing £1 billion in increasing the work allowances (the amount that can be earned before UC starts to be withdrawn – similar to a personal tax allowance) and investing £1 billion in lowering the taper (the speed with which UC is withdrawn once earnings exceed the work allowance – similar to a tax rate).

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