Universal Credit surplus earnings threshold reduced
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Universal Credit surplus earnings threshold reduced
by Caker Mon Mar 16, 2020 8:47 am
7. Universal Credit surplus earnings threshold reduced
Earnings from previous months can affect how much Universal Credit you get.
If you earn more than £2,500 over the amount you can get before your Universal Credit is temporarily stopped, the DWP deems you to have surplus earnings.
When you restart your benefit claim, these surplus earnings will be taken into account.
It can reduce the amount of Universal Credit you receive, or might even mean that you can’t get any Universal Credit that month.
The Budget now confirms a reduction in the Universal Credit surplus earnings threshold, so that only large income spikes above £2,500 will be taken into account.
The threshold will be reduced to £300 in April 2021.
This looks like another nail in the coffin of the 'making work pay' slogan. Some serious sums for temporary workers to do before starting a job
Hat tip EffJay
https://www.birminghammail.co.uk/news/midlands-news/universal-credit-changes-budget-2020-17911337
Earnings from previous months can affect how much Universal Credit you get.
If you earn more than £2,500 over the amount you can get before your Universal Credit is temporarily stopped, the DWP deems you to have surplus earnings.
When you restart your benefit claim, these surplus earnings will be taken into account.
It can reduce the amount of Universal Credit you receive, or might even mean that you can’t get any Universal Credit that month.
The Budget now confirms a reduction in the Universal Credit surplus earnings threshold, so that only large income spikes above £2,500 will be taken into account.
The threshold will be reduced to £300 in April 2021.
This looks like another nail in the coffin of the 'making work pay' slogan. Some serious sums for temporary workers to do before starting a job
Hat tip EffJay
https://www.birminghammail.co.uk/news/midlands-news/universal-credit-changes-budget-2020-17911337
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