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MSE News: Benefits to rise 2.2%, as inflation falls

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MSE News: Benefits to rise 2.2%, as inflation falls

edited 30 November -1 at 1:00AM in Benefits & Tax Credits
33 replies 5.3K views
Former_MSE_HelenFormer_MSE_Helen
2.4K posts
edited 30 November -1 at 1:00AM in Benefits & Tax Credits
"Most benefits are pegged to September's CPI inflation measure, which was revealed at 2.2% this morning ..."
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  • jobdone1jobdone1 Forumite
    747 posts
    Eighth Anniversary 500 Posts Combo Breaker
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    Lets get this clear then -

    benifits to rise 2.2%

    Pensions 2.5% as agreed

    And yes the resent rise in the min wage of o yes thats right 1.8% but only if you are 21 or over.

    As for the rest well you guesed it go fly

    So in all energy companies adverage 7% rise across the board and food on the way up so it pays to work then :cool:
  • How many working people have gone without a payrise this year. Disgusting.
  • How many working people have gone without a payrise this year. Disgusting.

    I know some that haven't had a rise for 5yrs or more and are not likely to get one either
  • CRISPIANNE3CRISPIANNE3 Forumite
    706 posts
    Seventh Anniversary 500 Posts Name Dropper Car Insurance Carver!
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    Its good to see the unemployed are not being encouraged to stay that way by given them a smaller increase. Only fair the pensioners should get more as their earning potential is perhaps somewhat limited.
  • PaulF81PaulF81 Forumite
    1.7K posts
    Th benefits classes will get their comeuppance. Just wait and see.
  • miduckmiduck Forumite
    1.8K posts
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    PaulF81 wrote: »
    Th benefits classes will get their comeuppance. Just wait and see.

    "The benefits classes" (whoever they are) have not chosen to have this increase, the govt has decided to give it. Almost like they are trying to feed bigoted views like yours?
  • jobdone1jobdone1 Forumite
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    One thing that gets me is the fact that the word of the min wage is the amount you must live on why do you pay tax if you work an adverage 40 hour week which equals just over £12k a year and pay around £1k or more tax WHY this meens you are now living below the govements set min standard.
  • miduckmiduck Forumite
    1.8K posts
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    jobdone1 wrote: »
    One thing that gets me is the fact that the word of the min wage is the amount you must live on why do you pay tax if you work an adverage 40 hour week which equals just over £12k a year and pay around £1k or more tax WHY this meens you are now living below the govements set min standard.

    The min wage is set at a level that takes tax/ NI etc into account.
  • jobdone1 wrote: »
    One thing that gets me is the fact that the word of the min wage is the amount you must live on why do you pay tax if you work an adverage 40 hour week which equals just over £12k a year and pay around £1k or more tax WHY this meens you are now living below the govements set min standard.

    It's got nothing to do with amount to live on. That is why they have tax credits and in work benefits. If you had a couple with person a earning £3000 pm and person b doing a part time job on nmw - this doesn't affect what they live on. In work top up benefits do that because it's so individual.
  • It's got nothing to do with amount to live on. That is why they have tax credits and in work benefits. If you had a couple with person a earning £3000 pm and person b doing a part time job on nmw - this doesn't affect what they live on. In work top up benefits do that because it's so individual.

    And that is why Tax Credits are going and Universal Credit will replace them; with conditions for claimants.
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


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