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UK cuts Universal Credit repayment rate from 25% to 15%, aiding 1.2 million households.
The UK government has introduced a new Fair Repayment Rate, reducing Universal Credit deductions to 15% from 25%, benefiting 1.2 million households by providing an extra £420 annually.
This change aims to help people repay debts sustainably while covering daily expenses, addressing the cost-of-living crisis and poverty.
The new rate applies to all assessments starting on or after April 30.
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El Reino Unido reduce la tasa de reembolso del crédito universal del 25% al 15%, ayudando a 1.2 millones de hogares.