Cameron's 17 welfare reform ideas...condensed

WELL FAIR REFORM?

clock

Prime Minister David Cameron has set out 17 proposed reforms of the welfare state in a bid to find £10bn worth of spending cuts.

Here, we outline the measures which could affect your clients in condensed form. (with thanks to The Guardian, which did the donkey work on this). The new measures 1 Removing access to housing benefit for anyone aged 16-24, a move that would save £2bn a year and affect 210,000 social housing tenants. There would be some exemptions. 2 Banning anyone earning above £60,000 from access to a council house tenancy, affecting 12,000 to 34,000 households. Alternatively, restrict access to council housing to anyone earning more than £100,000, affecting 1,000 to 6,000 council tenants. 3 Br...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

IHT rule changes spark adviser-led surge in estate planning and charitable giving

IHT rule changes spark adviser-led surge in estate planning and charitable giving

Upcoming changes already beginning to influence charitable will-writing and estates market

Isabel Baxter
clock 16 June 2025 • 3 min read
Advisers see higher client demand as tax changes and rumours cause confusion

Advisers see higher client demand as tax changes and rumours cause confusion

See opportunity to provide ‘much-needed’ clarity

Isabel Baxter
clock 23 April 2025 • 2 min read
HMRC to raise £110m per year by cutting IHT relief on AIM shares

HMRC to raise £110m per year by cutting IHT relief on AIM shares

Will make gifting a more attractive option to investors

Isabel Baxter
clock 22 April 2025 • 2 min read