Decrease in the universal credit taper2
1
In regulation 23(1)(b)(i) and (ii) of the Universal Credit Regulations (deduction of income and work allowance) for “63%” substitute “55%”
5
2
In regulation 54(6) of those Regulations6 (surplus earnings) for the formula expressing the nil UC threshold substitute—
(M – U) / 55 x 100 + WA