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Written Question
Social Security Benefits
Tuesday 17th March 2020

Asked by: Lord Davies of Stamford (Labour - Life peer)

Question to the Department for Work and Pensions:

To ask Her Majesty's Government what estimate they have made of the additional cost of withdrawing benefits when claimants increase their revenues from other sources at the Income Tax rate of 20 per cent instead of the marginal rate of 63 per cent.

Answered by Baroness Stedman-Scott - Opposition Whip (Lords)

No such estimate has been made.

Universal Credit promotes work as an effective route out of poverty and the single taper rate means people know they will always be better off in work or working more. The rate of the taper reflects the need to balance work incentives with fairness to taxpayers.

Speech in Lords Chamber - Mon 21 Mar 2016
Welfare

"My Lords, the noble Lord gave an assurance that the DWP will not replace the £4.4 billion of savings from the PIP programme, which it is now going to abandon, with cuts elsewhere in the DWP budget. However, he has not answered the obvious and important question of how those …..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Welfare
Speech in Lords Chamber - Mon 21 Dec 2015
Welfare Reform and Work Bill

"I was hoping to catch my noble friend before he sat down, which I thought he was about to do.

I am very grateful to my noble friend, and I think the whole House will probably be very grateful to both him and the noble Lord, Lord Kirkwood, for raising …..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Welfare Reform and Work Bill
Speech in Lords Chamber - Mon 21 Dec 2015
Welfare Reform and Work Bill

"The Minister has moved on rather rapidly. He brushed past the quite important issue of a monopoly without going into it. What seems to arise from this situation is that we have here a government department—the Department for Work and Pensions—which has given a contract on a monopoly basis to …..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Welfare Reform and Work Bill
Speech in Lords Chamber - Thu 19 Nov 2015
Employment

"My Lords—..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Employment
Speech in Lords Chamber - Thu 19 Nov 2015
Employment

"My Lords—..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Employment
Speech in Lords Chamber - Tue 09 Jun 2015
Pensions: Draw-down Charges

"My Lords, you do not need to wait to watch the market to believe that transparency is absolutely essential in any honest financial business. Why cannot the Government decide that there should be complete transparency of charges from the beginning? Should they not have decided that at the outset, when …..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Pensions: Draw-down Charges
Speech in Lords Chamber - Wed 30 Jul 2014
Youth Employment

"My Lords, of course it is a priority—..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Youth Employment
Speech in Lords Chamber - Wed 30 Jul 2014
Youth Employment

"My Lords, it is obviously very important to do everything that we possibly can to help young people into work for the first time or back into work from unemployment...."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Youth Employment
Speech in Lords Chamber - Wed 30 Jul 2014
Youth Employment

"The coalition has already had time; I am sorry.

But what the Minister describes as a scarring effect can affect people at any age if they spend too long outside the workforce and cannot get back into a job. I have asked the Minister questions about this before and he …..."
Lord Davies of Stamford - View Speech

View all Lord Davies of Stamford (Lab - Life peer) contributions to the debate on: Youth Employment