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Half a million Britons miss out on Universal Credit worth hundreds of pounds a year

Half a million working Britons are missing out on Universal Credit worth hundreds of pounds a year.

A change to the rules means that more and more people can earn money from work and receive Welfare to promote low-income people.

Many people are now eligible to claim General Credit - but may not know it

first

Many people are now eligible to claim General Credit – but may not know itCredit: Alamy

Nearly 2 million people who claimed benefits kept more than they earned under the new rules.

But many others who do not claim now may also qualify after the taper rate change.

General Credit the payouts will gradually decrease as you earn more, above a certain amount.

The rate at which it is tapered has dropped from 55p for every £1 from November of last year. Before it was 63p.

The work allowance – the amount some people could earn before adopting the taper – has also increased by £500 a year.

Low-income people who were previously ineligible for General Credit because they earned too much can now get help.

Reducing the shrinkage rate means it’s easier for you to qualify for benefits with a higher income.

Thousands of working Britons have been urged to check their eligibility for Universal Credit – even if they didn’t previously.

Dr Phil Agulnik, boss of charity EntitledTo, previously said when the changes were announced: “In practical terms, these changes mean it’s more important than ever for people to be check if they can claim Universal Credit.

Martin Lewis has also urged people to check – and you can find out within 10 minutes.

How to check if you can get General Credit

EntitledTo . Benefit Calculator there’s a new rate so anyone checking in can see their benefits after the rule change.

Approximately 600,000 additional families will be eligible to receive assistance, according to the Institute of Fiscal Studies – a quarter of the total number of families of working age.

And even some workers earning more than £50,000 may now qualify, depending on their circumstances.

And a single parent with two children paying a monthly rent of £750 could now earn just under £52,000 before losing the ability to claim benefits. Previously, this figure was £44,500.

A single-earner couple in the same situation could earn almost £59,000 before the cut, up from £49,300 previously, the team said.

To qualify for Universal Credit, you must be on low income or without a job and must be over 18 years of age.

You or your partner must be under State Pension age and must live in the UK.

You will not be eligible if you and your partner have more than £16,000 in savings between you.

To find out if you qualify for extra help following changes to taper rates and work allowances, you can use the benefits calculator.

You will need to provide details of your savings, income, existing and superannuation benefits, going out and your council tax bill.

Calculator benefits include:

If you qualify and how much you can get depends on your circumstances.

If you don’t qualify for General Credit, you can still claim other benefits, and the calculator can tell you this too.

ONE a whopping 15 billion pounds unclaimed every year, such as council tax support and income support, so it’s always checked.

Martin Lewis explains how millions of beneficiaries can get ‘free money’ to insulate homes

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https://www.thesun.co.uk/money/17298102/universal-credit-eligible-check-taper-rate-change-missing-out/ Half a million Britons miss out on Universal Credit worth hundreds of pounds a year

JACLYN DIAZ

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