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From 1991 Child Benefit increased in line with inflation, until 1998, when the new Labour government increased the first child rate by more than 20%, and abolished the Lone Parent rate. New Labour oversaw the biggest increase in child benefit in UK history, with over 7.2 million mothers and 12.8 million children benefitting from a 25% rise ...
UK Government welfare expenditure 2014–15 [28] Benefit Expenditure (£bn) State pension: 86.5 Tax credits (Working tax credits and Child tax credits) 29.7 Housing Benefit: 23.5 Disability Living Allowance: 15.4 Incapacity benefits: 14.1 Child benefit: 11.6 Pension Credit: 6.6 Attendance Allowance: 5.4 Jobseeker's Allowance: 3.1 Income Support ...
In October 2010, the Conservative-Liberal Democrat coalition government announced that Child Benefit would be withdrawn from households containing a higher-rate taxpayer from January 2013. [27] After some controversy, this was amended so that any household with at least one person with prescribed income over £50,000 would lose Child Benefit by ...
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The benefit cap is a UK welfare policy that limits the amount in state benefits that an individual household can claim per year. It was introduced by the Cameron–Clegg coalition government in 2013 [1] as part of the coalition government's wide-reaching welfare reform agenda which included the introduction of Universal Credit and reforms of housing benefit and disability benefits.
From 2013 onwards, these payments were limited to a maximum annual increase of 1% instead of being increased annually according to the rate of inflation, while Child Benefit, previously available to all UK households with minor children was means-tested for the first time, with households where at least one parent earning over £50,000 a year ...
Debt interest has grown as a proportion of government spending in the last few years as a result of rising interest rates, and increased debt due to primarily to the cost of the Covid pandemic. [10] In financial year 2018–19, debt interest was £43 billion - around 5% of total government spending [ 11 ] compared to around 10% in 2023–24.
The government heading of Welfare Expenditure covers payments made by the Department for Work and Pensions only, and does not include the cost of the tax credit system (covering in-work benefits) or child benefit, which are both paid by HMRC, making the total amount significantly larger.