Government Policies Flashcards
CTC: example 1
They cover up to 70% of childcare costs
CTC: however point/ example
I’m 2017 the conservatives limited tax credits to the first 2 children in each family
NMW - when was it introduced
April 1999
NMW - how has it reduced the gender pay gap - 2 examples
10% of women have benefited from the policy compared to 4% of men.
Reduced the gender pay gap in 59% of jobs
What is the NMW
For over 23 year olds is £10.42
NMW wage downfall
1/5 people are still earning less than needed to maintain a decent standard of living
NMW what is the NLW amount
£10.90
JSA what is the weekly amount
(25 and over ) £77
JSA however
You must attend regular job interviews and failure to do so and your benefits will be stopped for 4 weeks
UC when will it take over
Sept 2024
UC how many families will be receiving
7 million
UC how much savings made by the gov
£8bn
UC why has it been criticised
For running over budget and payment delays masking some people worse off
UC how many families are worse of
3.2 million
UC how much more likely to be in housing debt
2x