There are just 12 days until Universal Credit claimants will see a rise in their payments. The benefit is increasing by 6.7% on the 8 April.
The Universal Credit rise is part of an uplift to all benefits in line with recent inflation levels. Families will start to notice the difference in their payments with the start of the new tax year next month.This is how much your payments will rise by depending on your circumstances.The raise was announced by the Chancellor, Jeremy Hunt, in his Autumn Statement in November last year.
The Department for Work and Pensions later confirmed: ‘In 2024/25, around 5.5 million Universal Credit families are forecast to benefit from uprating with an average annual gain for a family on Universal Credit estimated to be £470 .’ How much will Universal Credit increase by? The amount your Universal Credit will increase by depends on your individual circumstances. However, around 5.5 million families in the UK will be an average of £470 better off per year year – this amounts to £39 extra per month.And extra payments you may be eligible for through Universal Credit will also be increasing:Limited capability for work Carer element If you get the carer element of Universal Credit it will rise from £185.