Thousands on Universal Credit payments may get £62 less this month

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THOUSANDS of people claiming Universal Credit will be worse off this month. Support introduced to help people affected by coronavirus is set to end leaving some with up to £62 less each week. Peopl…

This first wave are largely families where someone has lost their job, been furloughed or had their hours cut, and their earnings fall below the threshold for exemption from the cap.How much Universal Credit you are entitled to depends on your individual circumstances, such as how many children you have, how much money you earn and how many people you live with.The limits are:£1,666.67 a month for couples and single parents outside London£1,116.

And while working families can claim back up to 85% of their childcare costs, they must find the money to pay for childcare upfront - we’ve heard of families waiting up to six months for the money. It’s time to Make Universal Credit work. Since December 2018, we've been calling for the government to:The government must slash the time Brits wait for their first Universal Credit payments from five to two weeks, helping stop millions from being pushed into debt.The work allowance should be increased and the taper rate should be slashed from from 63p to 50p, helping at least 4million families.

 

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