Universal Credit ‘taper rate’ cut by 8% to give claimants an extra £1,000 a year
Mr Sunak announced an increase in benefits for 40% of Universal Credit claimants as he unveiled his 2021 Autumn Budget and Spending Review in the Commons this afternoon
Chancellor of the Exchequer Rishi Sunak has announced today that the Universal Credit taper rate is to be cut by 8%.
Mr Sunak confirmed that the taper rate – the amount of Universal Credit that gets withdrawn for every pound that a claimant earns through work – will be slashed from 63p to 55p on the pound, in an announcement to MPs in the House of Commons this afternoon..
In what was one of the final points addressed as he unveiled the 2021 Autumn Budget and Spending Review, Mr Sunak said that he wants to live in a society that “rewards work”.
In real terms, it means that £2bn pounds a year is being put back into Universal Credit following the £6bn lost by claimants following the end of the weekly £20 uplift.
He said that the cut to the taper rate “takes a first step” towards that vision.
However, the taper rate changes will only increase the income of those Universal Credit claimants that are currently in work.
Still, with 40% of claimants also working in jobs at least part-time, the Chancellor’s announcement does mean that many will be able to keep more of their benefits.
The changes will be introduced this year, no later than 1 December 2021.
We are cutting the Universal Credit Taper Rate on December 1st.
It’s a tax cut next year worth over £2bn, he says, that will “benefit nearly two million families who will keep, on average, an extra £1,000 a year”.
It is the first change made to the Universal Credit taper rate in five years.
Taking to Twitter following the Autumn Budget 2021 announcement to explain the cut to the taper rate in a series of tweets, Mr Sunak said: “We are cutting the Universal Credit Taper Rate not by 1%, not by 2% – but by 8%. From 63p to 55p.
“The Taper Rate withdraws support gradually as people work more hours. It is currently 63%, so for every extra £1 someone earns, their Universal Credit is reduced by 63p. Let’s call this what it is: a tax on work – and a high rate of tax at that – so to make sure work pays, and help some of the lowest income families keep more of their hard-earned money, I have decided that the UC Taper Rate will be cut, not by 1p or even 2p – but by 8p.
“This is a tax on working people – and I’m cutting it from 63p to 55p.”
3/ So, to make sure work pays, and help some of the lowest income families keep more of their hard-earned money. I have decided that the UC Taper Rate will be cut, not by 1p or even 2p – but by 8p.
This is a tax on working people – and I’m cutting it from 63p to 55p.
He then added: “I’m also increasing the Work Allowances by £500, this is a tax cut next year of £2.2 billion, so nearly 2 million families will keep, on average, an extra £1,000 a year.
“We’ll introduce not in April as normal but within weeks, and no later than December 1st.”
Mr Sunak claimed during his announcement that a single mother of two could be better off by around £1,200 a year, while a couple renting a home with two children could be better off by around £1,800.
You can find more the 2021 Autumn Budget in full on the gov.uk website here.
New £350m sustainable neighbourhood in Stockport given the green light
Emily Sergeant
Planning permission has been granted for a new ‘walkable and sustainable’ neighbourhood in Stockport town centre.
A major milestone has been reached for Stockport’s transformation, as the new mixed residential mini-village, ‘Stockport 8’ – which was put forward by the local LLP of the same name, set up as part of a partnership between Stockport Council and ECF (English Cities Fund) – has been given the green light, helping to make it one of the most sustainable and liveable town centres in the UK.
The eight-acre site is just one in a series of regeneration projects led by Stockport Mayoral Development Corporation (MDC), as part of ambitious plans to develop land west of the town centre under the ‘Town Centre West’ (TCW) scheme.
The development is a key element of the wider £1 billion investment currently being delivered.
The plans were recommended for approval at Stockport’s central area committee at the end of July, and were then approved at planning committee last week (14 August).
A new £350m sustainable neighbourhood in Stockport has been given the green light / Credit: Supplied
Located on land either side of King Street West and next to the historic viaduct, the £350m mixed residential neighbourhood – which includes many affordable properties – is expected to ‘breathe life’ back into what was once a ‘thriving’ area under the railway arches, connecting Stockport Interchange with nearby communities in the process.
The plans will deliver approximately 1,300 new high-quality homes to suit existing residents and new homeowners moving into the Greater Manchester town in the next decade.
There’ll be be a mix of residential properties, including build-to-rent and owner-occupier – with a range of sizes to meet the needs of different households.
The development is also centred around ‘vibrant’ public spaces where people can meet and relax outdoors, helping to improve the wellbeing of residents, while a pedestrian-only street will run through the centre, again to encourage interaction.
“We’re not adopting a one-size-fits-all approach at Stockport 8,” explained Catherine Chilvers, who is the Managing Director of Stockport MDC.
“Instead, we are investing in high-quality and energy- efficient housing that offers so much more for people at all stages of life.
“The development sets the bar high for town centre living, creating a considered neighbourhood for residents along with leisure and employment opportunities, while outdoor squares, with a multitude of uses, will allow people to feel connected and enable families to grow.”
As detailed in the official appeal by Stockport Police, the white female was wearing black shorts, a red top and a black long-sleeve zip-up before she went missing.
Measuring roughly 5’2″ in height, she has long brown hair and had it tied at the time of her last sighting.
Writing on Facebook, fellow Stopfordian residents wrote, “Her parents are very worried about her. Please share”, and “Please keep your eye out for Freya. Very kind-hearted girl. Let’s get her home safely.”
Helping spread the news on social media, GMP went on to add: “Officers are concerned about Freya and want to ensure she is safe and well.”
The post has been shared in Stockport towns such as Bredbury, Hazel Grove and Marple, as well as further across Greater Manchester and the North West in hopes of tracking her down.
Anyone with any info they think might be of use should call 101 ASAP, quoting 3495 of 17/08/25.
Alternatively, you can get in touch with the anonymous referral service Crimestoppers online, or over the phone via 0800 555 111.
Last but not least, if you have urgent information regarding anyone’s safety or a crime being committed, please dial 999 immediately.
The Manc -
27th October 2021 
