Thousands of low income Britons could be about to get a pay boost from Rishi Sunak

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Thousands of low income Britons could be about to get a pay boost from Rishi Sunak

Since the Chancellor announced a change to the Universal Credit taper rate and work allowance in November, thousands of Britons have been better of

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Since the Chancellor announced a change to the Universal Credit taper rate and work allowance in November, thousands of Britons have been better off.

The Department for Work and Pensions (DWP) reduced the taper rate from 63p to 55p meaning people could earn more and still be eligible for a Universal Credit top up.

As the cost of living crisis continues to stretch peoples’ budgets, speculation is circulating that the Chancellor could make a big change to Universal Credit.

While some experts are predicting that he could reverse his £20 a month cut to Universal Credit, others think he could make changes to the taper rate and work allowance in his Spring Statement.

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