I see that the suggestion is that in todays’ budget there will be, at some point, an increase in the personal tax allowance to £9,205. That’s worth an extra £305 in net income – £5.86 a week. The problem is, as I’ve said before, that is worth £5.86 to those not on benefits, earning perhaps […]

A little more detail on what I’m trying to do. As the real detail starts to appear about the new system(s) I want to add to our existing range of assessments in the FFBM some more human examples. As well as the existing scenarios, which use a range of incomes at standard intervals and averaged […]

The Parliament website shows Royal Assent for the Welfare Reform Bill is expected tomorrow, the 8th of March.

I’m soon going to have to change the subhead of the blog, when Royal Assent is given, but it means that I’m now going to start the really detailed work. As the draft and final regulations appear, I’ll be building them into our Future Benefits Model (FFBM) and assessing the impact that they will have […]