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Martin Lewis Says 'Hurrah' to ‘Very Good News’ Ahead of Major Budget Announcement
The benefit will fall by £1 for each extra £1 earned, replacing the sudden cutoff that campaigners said penalized carers for small pay rises.
- The Government confirmed plans to end the controversial Carers Allowance earnings cliff edge by introducing a taper system, replacing the current arrangement where earning over the £204-a-week threshold results in losing the entire benefit.
- Welcoming the move, Money Saving Expert Martin Lewis declared "hurrah" and called it "very good news," though he warned the new system may not arrive until 2030/31, leaving current rules in place for several years.
- Under the planned system, carers will keep their full Allowance while earning up to £204 weekly; above that threshold, the benefit reduces by £1 for every additional £1 earned, removing the sudden total loss.
- Ministers also announced a £432 million boost to ensure homeless people are off the streets by Christmas, alongside plans to extend parental pay to more than 150,000 parents, including self-employed fathers previously excluded.
- Additional Budget measures include removing tariffs on more than 100 food products and freezing fuel duty to protect motorists, while the 55p-a-mile tax-free rate for the first 10,000 business miles will be made permanent.
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Martin Lewis says 'hurrah' to ‘very good news’ ahead of major Budget announcement
Martin Lewis says “hurrah” as the Government promises to end the Carers’ Allowance cliff edge, in a run of cost-of-living announcements ahead of Budget 2026
·Bradford, United Kingdom
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Carer's Allowance taper to replace cliff-edge earnings limit
Unpaid carers who exceed their earnings limit by a few pence will no longer lose their entire benefit payment immediately. Under a proposed change to the Carers Allowance, the Government intends to replace the current "cliff edge" with a taper system. Currently, breaching the earnings threshold results in the total withdrawal of the allowance. The expected reform will instead reduce payments by 1 for every 1 earned above the limit, preventing t…
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Total News Sources19
Leaning Left2Leaning Right2Center14Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
11%
C 78%
11%
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