The Rt Hon Iain Duncan Smith, Secretary of State for Work and Pensions, has announced plans to introduce a Universal Credit scheme that will simplify the existing benefit system and enhance work incentives.
The Universal Credit will move the current benefit framework to a simple streamlined payment. Under this plan, recipients will migrate from the current benefits and tax credits schemes onto Universal Credit. This process will commence at the beginning of 2013 and finish in the next Parliament.
The reforms will be outlined in greater detail in a White Paper later this autumn and placed before Parliament in a Welfare Reform Bill in 2011.
The new Universal Credit system will:
- Enhance work incentives via a combination of improved earnings disregards and/or lower benefit withdrawal rates;
- Smooth the transitions into and out of work;
- Mitigate in-work poverty;
- Make it easier for people to comprehend and cheaper for staff to administer;
- Reduce fraud and error.
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Enterprise Allowance
The Rt Hon Iain Duncan Smith also announced the government’s plans to introduce a new Enterprise Allowance which will offer individuals who are out of work and entering self-employment a weekly payment linked to the value of their benefit for up to six months.
that assumes it is 2010 this year does it
you are paying benefits this year are you!!!!?????