The Government has embarked on a series of welfare reforms – the biggest changes to the system in over 60 years. Most of the changes come into effect from April 2013. We want to make sure that you understand what the changes are and how they will affect you and those that live in your home.
If you receive benefits then it's important to find out now whether you are affected by the changes and what your options are.
More detailed information is available on the Welfare Reform pages of the Department for Works and Pensions website.
Some of the key changes
From April 2012 – Tax Credits
Changes to the way Tax Credits are assessed, so that the credit is withdrawn faster as income rises. Working Tax Credit is no longer available to people aged over 50 who start work of 16 hours or more. Working hours for couples with children will be increased. Most couples must work at least 24 hours a week between them, with one working at least 16 hours to qualify for Working Tax Credit. Couple and lone parent rates of Working Tax Credit will be frozen.
For more information, visit the HM Revenue & Customs website.