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Rishi Sunak announces 8% cut to Universal Credit taper rate
Video Credit: ODN
Published on October 27, 2021 - Duration: 01:18s
Rishi Sunak announces 8% cut to Universal Credit taper rate
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.
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Rishi Sunak
Prime Minister of the United Kingdom since 2022
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