Universal Credit Budget: 2018

Universal Credit Budget: 2018

14:55 PM, 5th November 2018, About 5 years ago

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Following the Autumn Budget 2018 HM Treasury have now published a policy paper called Universal Credit: Budget Brief.

In the document you will find information on the announced £1000 increase in work allowances as well as the additional support for those who will be transitioning onto the new benefit:

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  • From April 2019 Universal Credit (UC) claimants will benefit from a £1,000 increase in work allowances. Working parents and people with disabilities on UC will be £630 better off every year as a result of this change.
  • Building on policy changes announced by the government in June, claimants will also benefit from additional support as they move onto UC.
  • In response to lessons from the roll-out of UC to date, and to facilitate the delivery of this package, managed migration will now conclude in December 2023.

Contact Sherrelle for offline Universal Credit advice

Sherrelle is an independent consultant and is recommended by Property118 for landlords who require professional advice and assistance in regards to dealing with Universal credit related matters

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