Rishi Sunak announces 8% cut to Universal Credit taper rate

ODN 2021-10-27

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Chancellor Rishi Sunak has announced an 8% cut to the Universal Credit taper rate bringing it down from 63% to 55%.

The tax cut will be worth more than £2 billion and will be introduced by no later than December 1. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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