Universal Credit: Self-employed

Department for Work and Pensions written question – answered on 7th November 2018.

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Photo of Margaret Greenwood Margaret Greenwood Shadow Secretary of State for Work and Pensions

To ask the Secretary of State for Work and Pensions, with reference paragraph 5.38 on page 78 of the Budget 2018 Red Book, what estimate she has made of the effect on the public purse of the delay until April 2020 of the reduction of the level of earnings to be disregarded under the surplus earnings rule from £2,500 to £300.

Photo of Alok Sharma Alok Sharma The Minister of State, Department for Work and Pensions

Holding answer received on 05 November 2018

The estimated government spend on the planned reduction of the surplus earnings de minimis from £2500 to £300 in April 2019 to April 2020 is provided in the table below:

Welfare (£m)

2018- 19

2019-20

2020-21

2021-22

2022-23

2023-24

Total

Delay to surplus earnings

0

-100

0

0

0

0

-100

Note: Figures are rounded to the nearest £5 million. A negative value indicates spend.

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