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Universal Credit surplus earnings explained - how employment income affects payments

Universal Credit surplus earnings explained - how employment income affects payments
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Universal Credit work allowance rates will be affected by housing costs - rules explained

Employed claimants will see their Universal Credit payments reduce by 63p for every £1 earned. However, there are work allowances in place which allow claimants to earn a certain amount before their Universal Credit is impacted. The work allowance will apply to claimants if they or their partner are either: Responsible for a child or young person Living with a disability or health condition that affects their ability to work Universal Credit can be impacted by housing costs (Image: GETTY) The work allowance itself can come in two forms which are based on whether a claimant is getting help with housing costs.

State Pension payment: What is the maximum State Pension amount in the UK?

| UPDATED: 15:19, Tue, Feb 16, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The State Pension is in place to provide financial support when someone reaches their State Pension age. Someone does not have to immediately start claiming their State Pension when they reach retirement age, nor do they have to give up work if they do not want to. When someone decides to claim their pension, they may receive the full State Pension, while others may be paid less based on their National Insurance record.

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