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Universal Credit boost for THOUSANDS with some workers earning £50k able to claim taxpayer support

Universal Credit boost for THOUSANDS with some workers earning £50k able to claim taxpayer support

HUNDREDS of thousands more Brits will be entitled to Universal Credit amid a massive expansion of the welfare state’s reach. Single parents paying the higher rate of tax will be entitled to the benefit for the first time as the Government extends help to the middle classes. It comes after Rishi Sunak’s Budget shake-up – which will mean a greater number of workers earning more than £50,000 can now claim the state support. Some 600,000 extra families will be entitled to receive support, according to the Institute for Fiscal Studies. Mr Sunak reduced the Universal Credit taper rate at the… Read Full Article