Universal Credit & Welfare Reform. Implications for The Prince’s Trust and the young people we work with. Why?. Too complex Lack of incentive to work.
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Implications for The Prince’s Trust and the young people we work with
"The Universal Credit will mean that work will pay for the first time, helping to lift people out of worklessness and the endless cycle of benefits. Whilst those people who need our help and support will know they will get it without question“
- Iain Duncan Smith, March 2012
It will combine all of the means tested support for working age adults and children into one benefit:
29 other benefits remain
If you are...
...you will claim Universal Credit
The sum total of the above will give the maximum Universal Credit for an individual or a couple.
However, if the claimant(s) receive(s) any earnings and/or income or has any capital, the maximum amount is likely to be reduced.
No new JSA, ESA or Income Support claims
Housing Benefit ‘phased out’
Can begin claims if in low-paid work, and no previous tax credits
No new claims for tax credits
No new housing benefit claims
All JSA, ESA and Income Support claims to UC
There is a single payment which covers unemployment and low employment benefit, children, childcare, caring and housing costs.