The government is continuing to be extremely generous…to itself? – NLW 2024

by on November 22, 2023

An updated version of the blogs which were posted here in November 2022 and April 2022.  This now uses the NLW figure of £11.44 an hour and the 10% employee NI rate, announced in the Autumn Statement of 22nd November.  The message is the same. The real winner from the NLW increase is the Treasury.  […]

Mortgage help, for claimants with earnings, begins again in 2023

by on June 21, 2023

Those with long memories may remember the days when the means-tested benefits system offered real help to those with mortgages. Payments to lenders contributed, sometimes generously, to the liability of borrowers for interest payments. There has never been any help towards capital repayments within the benefit system. Things changed in 2018.  Mortgage interest help, as […]

Childcare and the 2023 budget -still real problems

by on March 15, 2023

Today’s childcare announcements in the budget are welcome, they are more helpful than the current support. The changes will make a real difference. Piloting incentive payments for childminders, increasing funding to nurseries providing free childcare, and changing minimum staff-to-child ratios from 1 staff member for every 4 children to 1 to 5 may help increase […]

Automating Benefits – a reality check… and a proposal

by on March 6, 2023

There has been increasing discussion and interest, recently, in the idea of using existing data, particularly from benefit claims, to determine or automatically award other benefits for people who are entitled. It would be a very attractive way of solving, or reducing, the enormous under-claiming of many benefits. After all, its proponents say, if we […]

The government is going to be extremely generous…?

by on November 15, 2022

A tweaked version of the blog which was posted here on November 15th.  This now uses the NLW figureof £10.42 an hour, announced in the Autumn Statement of 17th November.  The differences are small but deserve precision. Another update to my previous postings, looking at the real gains (and for whom) of increases in the […]

Inflation increases for earnings and benefits – it’s not that simple

by on October 6, 2022

The driver for limiting benefits increases, instead of linking them to inflation, appears to be presented as an argument that it’s not fair for working people to receive a 5% pay increase while people on benefits will get around 10%. That seems to be a very simple and easy comparison to make and might appear […]

Cost of living, pensions and some difficulties

by on August 9, 2022

There’s been some discussion recently about the use of pension savings, after the age of 55, to help meet the cost of living increases that are affecting many people.  You can see some of this discussion on Henry Tappers blog about pensions (a highly recommended read): The cost of living crisis – and the value […]

The government is still extremely generous…

by on April 3, 2022

This is a quick update to my posting of two years ago, looking at the real gains (and for whom) of the increase in the National Living Wage (NLW).  You can read that in my blog at https://benefitsinthefuture.com/national-living-wage-cui-bono/. Once again, this year, the government have proudly told us that the substantial increase in the NLW […]