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<p /> <p /> <p>Work remains the best route out of poverty, and childcare costs represent
a significant barrier to families trying to take the first steps into work or workup
to full-timehours. </p><p> </p><p>Government and many of our stakeholders have concluded
that funding an increase in childcare support up to 85% provides a sufficient improvement
in the financial reward and work incentive for families under Universal Credit. It
will see around 500,000 working families get more out of the money they earn, helping
more families move into employment and thus supporting our goal to end poverty in
a sustainable way.</p><p> </p><p>We will shortly be publishing a response to the consultation
on the rate of childcare paid under Universal Credit, which will include more detailed
information on the effects of increasing the rate to 85% for all families.</p><p>
</p><p>The distributional effects of Universal Credit to be published at the next
Autumn Statement, will include any changes to the childcare element Universal Credit</p>
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