29.—(1) In the table in regulation 22 of the Universal Credit Regulations(1) (deduction of income and work allowance)—
(a)for “£409”, in each place where it occurs, substitute “£503”; and
(b)for “£198”, in each place where it occurs, substitute “£287”.
(2) The amounts of the child element, the additional amount in respect of each child or qualifying young person who is disabled (higher rate), the limited capability for work and work–related activity element, the carer element and the maximum amounts of the childcare costs element specified in the table in regulation 36 of the Universal Credit Regulations(2) (table showing amounts of elements) shall be as set out in Schedule 9 to this Order.
(3) In paragraph 14(1) of Schedule 4 to the Universal Credit Regulations(3) (amount of housing cost contributions) for “£72.16” substitute “£73.89”.
(4) In Part 4 of Schedule 5 to the Universal Credit Regulations (calculation of amount of housing costs element for owner-occupiers)—
(a)in paragraph 10(2) Step 3; and
(b)in paragraph 11(2) Step 2,
as those paragraphs have effect in a case falling within regulation 19, 19A or 20 of the Loans for Mortgage Interest Regulations 2017(4) “£200,000” remains unchanged.
Relevant amending instrument is S.I. 2018/65.
The table in regulation 36 was amended by section 14(5)(b) of the Welfare Reform and Work Act 2016 (c. 7) and by S.I. 2015/30, 457 and 1754.
Relevant amending instrument is S.I. 2018/281.
S.I. 2017/725. Relevant amending instrument is S.I. 2018/307.