WORKING tax credits will jump by £1,040 this week to help families struggling in coronavirus lockdown.Working tax credits will rise this week - along with child benefits and universal credit paymentsThe basic element of working tax credits has increased to £3,040 as a four-year freeze finally comes to an end.It comes as thousands of employees across the UK face financial uncertainty during the pandemic.
The changes include increases in the Universal Credit standard allowance and Working Tax Credits, as well as a suspension of the Universal Credit minimum income floor. The DWP says the standard rate will be increased by £86.67 per month on top of the planned annual uprating. The Universal Credit standard allowance currently ranges between £251.77 and £498.89 depending on your age and whether or not you're part of a couple.- rising from £251.77 to £342.72 - rising from £395.20 to £488.59 Working tax credit is being raised by the same amount, on top of the increase linked to inflation.
and still most younger parents cant manage
but penioners are stuck on 5hundred a month
Death toll will end up being less than the yearly flu. Shut down the entire world. What a joke.
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