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Currently, for every £1 earned after tax above an income threshold, a person receiving Universal Credit has their benefit award reduced by 65p and keeps 35p. They will now keep 37p for every £1, from April 2017.

“The scheme is already available to a number of countries across the world and I am very pleased to welcome Uruguay to the Registered Traveller community.”

The main rate of corporation tax has already been cut from 28% in 2010 to 20%, and will be cut again to 17% by 2020, by far the lowest in the G20 and benefitting over 1 million businesses.

To validate and confirm their membership, the individual must present themselves on their next arrival in the UK to a Border Force officer where the membership process will be completed with an interview to determine the applicant’s suitability for the service and identity checks are carried out.

Britain is stepping up to deal with the threats we face. The Army and RAF are providing assurance to NATO allies; with troops going to Estonia and Poland and jets being deployed to the Black Sea. Our Royal Navy is taking on people traffickers and training new Libyan forces in the Mediterranean. The UK is ahead of the NATO spending target and we’re ensuring the Royal Navy is growing with cutting-edge new aircraft carriers, frigates and submarines launching over the next few years.