If you earn £1,000 a month, the amount of Universal Credit (UC) you will get depends on your specific circumstances, including whether you receive help with housing costs and your Work Allowance. Here's a general example for a single claimant with housing support:
- The standard allowance is approximately £368.74.
- If you receive housing support, say £400, that adds to your total entitlement.
- Your Work Allowance (the amount you can earn before your Universal Credit begins to reduce) is around £631 if you get housing support.
- Earnings above your Work Allowance: £1,000 - £631 = £369.
- The taper rate is 55%, so your UC reduces by 55% of £369, which is £202.95.
- Total UC entitlement before earnings deduction: £368.74 + £400 = £768.74.
- Final UC payment is £768.74 - £202.95 = £565.79.
If you do not receive housing support, the Work Allowance is lower (around £379), so the taper deduction would be higher, reducing your UC payment more. In general, with £1,000 earnings a month, expect to get roughly around £565 if you qualify for housing support. Without housing support, the payment would be less due to lower Work Allowance and higher deductions. This is a simplification, and other factors like additional elements for children, disabilities, or childcare costs can affect the total amount. It is advised to use an online benefits calculator or consult with DWP for an accurate calculation based on exact personal circumstances.
