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#UniversalCredit means three-quarters of adults entitled to means-tested benefits see a change in their entitlements.
1.6 million people will see their benefits increase over £1,000 per year. 1.9 million will lose £1,000 per year.
Read more: ifs.org.uk/publications/1…
1.6 million people will see their benefits increase over £1,000 per year. 1.9 million will lose £1,000 per year.
Read more: ifs.org.uk/publications/1…
Who's likely to see their entitlements fall under #UniversalCredit?
🔻 Workless households, those with substantial financial assets, the self-employed and working owner-occupiers.
Who's likely to gain?
🔺 Those in working households who rent.
🔻 Workless households, those with substantial financial assets, the self-employed and working owner-occupiers.
Who's likely to gain?
🔺 Those in working households who rent.
#UniversalCredit integrates benefits, which inevitably creates winners and losers.
But the biggest losses experienced as a result of the switch are mostly down to a small number of specific choices the government has made in how the system treats four particular groups.
But the biggest losses experienced as a result of the switch are mostly down to a small number of specific choices the government has made in how the system treats four particular groups.
Many of the very large losses in benefits people experience under #UniversalCredit are temporary.
However, when we measure people’s incomes over eight years, universal credit still hits the persistently poor the hardest on average.
Read more: ifs.org.uk/publications/1…
However, when we measure people’s incomes over eight years, universal credit still hits the persistently poor the hardest on average.
Read more: ifs.org.uk/publications/1…
