Posted 8 February 2021
New research report ‘The single parent debt trap’ published by Gingerbread and StepChange, the UK’s leading debt charity, reveals that single parents are more likely to be living with problem debt. The research also shows...
Published on 30 October 2013
Gingerbread is concerned that, far from achieving the stated aim of ‘making work pay’, many single parents will actually lose out under universal credit. This analysis, with research from the University of Essex, looks at the likely impact of universal credit on the incomes and work incentives of single parent families, compared with the current ‘legacy system’ of benefits and tax credits.
Despite a focus to encourage work, the findings show that working single parents will lose out under universal credit. The modelling looks at different options for reform; Gingerbread recommends increasing the work allowance and reducing the taper rate to maximise work incentives under universal credit.