Decrease in the universal credit taper N.I.

2.—(1) In regulation 23(1)(b)(i) and (ii) of the Universal Credit Regulations (deduction of income and work allowance) for “63%” substitute “55%”(1)

(2) In regulation 54(6) of those Regulations(2) (surplus earnings) for the formula expressing the nil UC threshold substitute—

“ (M – U) / 55 x 100 + WA”.

Commencement Information

I1 Reg. 2 in operation at 24.11.2021, see reg. 1(1)

(1)

S.R.2017 No.147 substituted “63%” for “65%”

(2)

Regulation 54 was substituted by S.R. 2018 No. 92