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UK cuts Universal Credit repayments cap to 15%, boosting claimants' income by £420 annually.
The UK's Department for Work and Pensions (DWP) is reducing the Fair Repayment Rate for Universal Credit claimants starting April 30, cutting the deductions cap from 25% to 15% of the standard allowance.
This change is expected to increase household income by about £35 per month or £420 annually.
The DWP will prioritize child maintenance deductions, even if it exceeds the cap, for one year to assess the impact.
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El Reino Unido reduce el límite de reembolsos del Crédito Universal al 15%, aumentando los ingresos de los reclamantes en £420 anuales.