Universal credit and its impact on household incomes: the long and the short of it
- Document type
- Brewer, Mike; Joyce, Robert; Waters, Tom
- Institute for Fiscal Studies
- Date of publication
- 24 April 2019
- IFS Briefing note; BN248
- Social Policy, Poverty Alleviation Welfare Benefits and Financial Inclusion, Employment
- Social welfare
- Material type
Download (542KB )
Briefing note on the impact of universal credit on families incomes.
Those in the lowest-income 10% of the population on average lose the most from UC: a 1.9% fall in their income, equivalent to £150 per year per adult.
76% (8.7 million adults) of those entitled to means-tested benefits, and 84% (7.2 million) of those in working households, see a change in their entitlement of at least £100 per annum (p.a.). 17% (1.9 million) see a loss of at least £1,000 p.a., while 14% (1.6 million) see a gain of at least that much.
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