From April, the state pension, disability and working age benefits will be uprated by 10.1 percent in line with the rate of inflation in September, the Chancellor confirmed in November. The uprating means that on average, a family on Universal Credit will benefit by almost £600 each month from April.
As the cost of living crisis continues, this extra cash boost could be vital for families on low incomes.
An estimated 19.2 million families and 39.8 million individuals across Great Britain currently in receipt of state pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1 percent later this year.
The benefit cap will also rise in line with inflation. This will see it increase from £23,000 to £25,323 for families in Greater London and from £20,000 to £22,020 for families nationally.
Lower caps for single households without children will rise from £15,410 to £16,967 in Greater London and from £13,400 to £14,753 nationally.
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The basic and new state pensions will also be uprated by 10.1 percent, in line with the triple lock.
The Department for Work and Pensions has published a full guide on the increases for each benefit payment which can be found on their website.
Below is a summary of the new weekly payment rates.
State Pension
Full new state pension: £203.85. This will increase from £185.15.
Basic old state pension (Category A or B): £156.20. This will increase from £141.85.
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Pension Credit
Standard minimum guarantee
Single: This will increase to £201.05, up from £182.60
Couple: This will increase to £306.85, up from £78.70.
Attendance Allowance
Higher rate: £101.75 (from £92.40)
Lower rate: £68.10 (from £61.85).
Carer’s Allowance
This will increase to £76.75, up from £69.70.
PIP
Daily living component
The enhanced rate will increase to £101.75, up from £92.40
The standard rate will increase to £68.10, up from £61.85.
READ MORE: Unpaid carers on Universal Credit urged to claim extra £169 a month on top of benefit
Mobility component
The enhanced rate will increase to £71, up from £64.50
The standard rate will increase to £26.90, up from £24.45
Universal Credit standard allowance
Single
Under 25 – up from £265.31 to £292.11 a week
Age 25 and over – up from £334.91 to £368.74.
Couples
Both under 25 – up from £416.45 to £458.51
One or both 25 or over – up from £525.72 to £578.82.
Employment and Support Allowance (ESA)
Under 25: £67.20 (from £61.05)
25 or over: £84.80 (from £77.00).
Income Support
Under 25: £67.20 (from £61.05)
25 or over: £84.80 from (£77.00).
Child Benefit
There are two Child Benefit rates in place.
Current rates per week
Eldest or only child – £21.80
Additional children – £14.45.
New rates per week – from April
Eldest or only child – £24.00
Additional children – £15.90.
