Context
The question addresses the need to financially incentivize people to work, focusing on measures that make employment more attractive and beneficial.
Question
What steps his Department is taking to help ensure that people are financially incentivised to work. The question seeks specific actions by the department to encourage employment through financial incentives.
Answer from Jo Churchill
Universal credit is designed to make work pay, with strong financial incentives such as a 55% earnings taper and work allowances. Working families receive support for up to 85% of childcare costs. The maximum amounts have been increased by 47%, reaching £950 for one child and £1,630 for two or more children. Additionally, the national living wage increase means that 2.7 million workers will be approximately £1,800 better off annually.
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