universal credit Archives - Freelance Informer https://www.freelanceinformer.com/tag/universal-credit/ Empowering the Freelance Economy Tue, 25 Jun 2024 07:03:11 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.1 https://www.freelanceinformer.com/wp-content/uploads/2020/09/FI-letter-logo-150x150.jpg universal credit Archives - Freelance Informer https://www.freelanceinformer.com/tag/universal-credit/ 32 32 Betting on broken promises: a freelancer’s guide to political punts down the bookies https://www.freelanceinformer.com/news/opinion/betting-on-broken-promises-a-freelancers-guide-to-political-punts-down-the-bookies/?utm_source=rss&utm_medium=rss&utm_campaign=betting-on-broken-promises-a-freelancers-guide-to-political-punts-down-the-bookies https://www.freelanceinformer.com/news/opinion/betting-on-broken-promises-a-freelancers-guide-to-political-punts-down-the-bookies/#respond Tue, 25 Jun 2024 07:00:42 +0000 https://www.freelanceinformer.com/?p=22614

OPINION We take a tongue-in-cheek look at the pros and cons of political betting and if freelancers could have an upper hand down the bookies Jon Connell, the founder of The Week and contributor to The Knowledge’s newsletter, touches on the subject of political betting this week. The practice has not exactly caught on by […]

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Child benefit tax breaks could be boon for Mums https://www.freelanceinformer.com/news/child-benefit-tax-breaks-could-be-boon-for-mums/?utm_source=rss&utm_medium=rss&utm_campaign=child-benefit-tax-breaks-could-be-boon-for-mums https://www.freelanceinformer.com/news/child-benefit-tax-breaks-could-be-boon-for-mums/#respond Sun, 09 Jun 2024 19:15:46 +0000 https://www.freelanceinformer.com/?p=22336

According to the Institute for Fiscal Studies (IFS), families with children have been disproportionately impacted by benefit cuts since 2010. Reductions to tax credits and the introduction of the ‘two-child limit’ in Universal Credit have significantly reduced incomes for many families, particularly larger ones. Additionally, high-earning families (income over £60,000) have experienced cuts to child […]

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Energy price guarantee to be kept until June 2023 https://www.freelanceinformer.com/news/energy-price-guarantee-to-be-kept-until-june-2023/?utm_source=rss&utm_medium=rss&utm_campaign=energy-price-guarantee-to-be-kept-until-june-2023 https://www.freelanceinformer.com/news/energy-price-guarantee-to-be-kept-until-june-2023/#respond Wed, 15 Mar 2023 12:39:04 +0000 https://www.freelanceinformer.com/?p=9745

The Chancellor has announced before the Spring Budget that The Energy Price Guarantee (EPG) will be kept at £2,500 for an additional three months from April to June, saving a typical household £160. But what can we expect after June? Energy prices are 50% lower than forecast in October, but remain high, with this support […]

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No cushion for impact: how the Chancellor’s budget outlook ignored the imminent cost of living crisis https://www.freelanceinformer.com/news/opinion/no-cushion-for-impact-how-the-chancellors-budget-outlook-ignored-the-imminent-cost-of-living-crisis/?utm_source=rss&utm_medium=rss&utm_campaign=no-cushion-for-impact-how-the-chancellors-budget-outlook-ignored-the-imminent-cost-of-living-crisis https://www.freelanceinformer.com/news/opinion/no-cushion-for-impact-how-the-chancellors-budget-outlook-ignored-the-imminent-cost-of-living-crisis/#respond Thu, 28 Oct 2021 08:45:24 +0000 https://www.freelanceinformer.com/?p=4700

OPINION The Autumn Budget could be seen as no news is good news for the UK’s 4.3 million freelancers and self-employed businesses. Thing is, the Chancellor and the Tory government had already delivered a series of bad news in the preceding weeks. What the Autumn Budget failed to address was a looming crisis that will […]

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Universal Credit set to be paid early in December https://www.freelanceinformer.com/hmrc/universal-credit-set-to-be-paid-early-in-december/?utm_source=rss&utm_medium=rss&utm_campaign=universal-credit-set-to-be-paid-early-in-december https://www.freelanceinformer.com/hmrc/universal-credit-set-to-be-paid-early-in-december/#respond Wed, 16 Dec 2020 17:37:45 +0000 https://www.freelanceinformer.com/?p=2036

Universal Credit Claimants could see their payments made slightly earlier this December to take into account of the bank holidays. We have provided the estimated dates below based on the government’s website. Bank holiday payment dates If it’s a bank holiday anywhere in the UK your payment may be early. Due Date Payment Date 25 December 2020 […]

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How the minimum income floor works if you’re self-employed https://www.freelanceinformer.com/hmrc/how-the-minimum-income-floor-works-if-youre-self-employed/?utm_source=rss&utm_medium=rss&utm_campaign=how-the-minimum-income-floor-works-if-youre-self-employed https://www.freelanceinformer.com/hmrc/how-the-minimum-income-floor-works-if-youre-self-employed/#respond Thu, 05 Nov 2020 12:03:34 +0000 https://www.freelanceinformer.com/?p=1462

COVID- changes to MIF When the Department for Work and Pensions calculates your Universal Credit payment each month, in the recent past, they compared your real earnings with how much they expected you to earn each month – this expected amount is called your ‘minimum income floor’. With the MIF suspended until April 2021, workers’ […]

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Automated Hardship – why the government’s flawed tech is failing families and pushing them into poverty https://www.freelanceinformer.com/news/automated-hardship-why-the-governments-flawed-tech-is-failing-families-and-pushing-them-into-poverty/?utm_source=rss&utm_medium=rss&utm_campaign=automated-hardship-why-the-governments-flawed-tech-is-failing-families-and-pushing-them-into-poverty https://www.freelanceinformer.com/news/automated-hardship-why-the-governments-flawed-tech-is-failing-families-and-pushing-them-into-poverty/#respond Tue, 29 Sep 2020 06:57:00 +0000 https://www.freelanceinformer.com/?p=831

A report says a flawed algorithm in the UK’s Social Security System could be causing more families to go hungry and pushing even more into poverty every week. What’s going wrong? A new report by the Human Rights Watch claims the “poorly designed” system, which relies on an automated means-tested computer algorithm to calculate social […]

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