Work and Pensions written question – answered am ar 17 Gorffennaf 2013.
To ask the Secretary of State for Work and Pensions what the breakdown by each underlying element is of the projected £245 million saved in 2015-16 as a result of the introduction of a seven-day waiting period for new universal credit claims.
It is not possible to break down universal credit awards by element.
Universal credit awards are calculated by first deriving a notional maximum universal credit amount that would apply if a claimant had no earnings, capital or other income. This maximum amount includes the standard allowance, support for dependent children, childcare, housing and additional support for those with a limited capability for work and for those with caring responsibilities.
The maximum amount is then reduced depending on earnings, capital and other income. These reductions are applied to the whole universal credit award and not to the individual elements separately. It is therefore not possible to break down final universal credit awards into the individual elements that make up the maximum amount.
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