Almost six million individuals in the UK claim Universal Credit, and another five million households currently receive additional financial assistance via Working Tax Credits.
Due to changes to the taper rate and work allowance rules brought in last November, the Department for Work and Pensions (DWP) has revealed that approximately 500,000 homes in the UK may now qualify for Universal Credit when they did not before.
Certain benefits claimants are also eligible for a scheme that is intended to assist financially by increasing savings by 50%, as reported by the Daily Record.