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Universal Credit goes up on Monday – check how much your payment goes up

Universal Credit consists of a standard allowance and any additional amounts that apply to you. The amount you are entitled to will increase by 3.1% from this Monday (11 April).

Universal Credit increases starting Monday
Universal Credit increases starting Monday

Universal Credit payments will rise from this Monday, meaning benefit recipients will get more money in their bank accounts during the cost-of-living crisis.

But the 3.1% gain is still far behind inflation, which just rose to 6.2%.

Families are also struggling with rising bills.

Energy regulator Ofgem has raised its price cap – which caps how much you can be charged for each unit of electricity and gas used – by a staggering £693 for someone on typical consumption.

Council tax bills have also just increased, averaging 3.5% for someone in a Band D property.

You may also have noticed a spike in your broadband, cellphone, and mortgage payments.

How Much Will Universal Credit Increase?

Universal Credit consists of a standard allowance and any additional amounts that apply to you.

For example, if you have children, a disability or a medical condition.

Your Universal Credit is then subject to deductions based on your savings and, if you work, your earnings.

Is Universal Credit Surge Enough To Help During Cost-of-Living Crisis? Let us know what you think: mirror.money.saving@mirror.co.uk

Department for Works and Pensions (DWP) bosses examine your circumstances each month – known as your assessment period – to see how much you’re owed.

That means your Universal Credit allowance can fluctuate month-to-month if your income changes regularly.

Here is how Universal Credit will change starting April 11th with the monthly rates shown below.

standard allowance

The Standard Allowance is the base amount of Universal Credit you could receive before any increases or deductions are taken into account.

It depends on your individual circumstances, including your age and whether there are two of you.

single

Pair

  • Joint applicants under 25: £416.45 (from £403.93)

  • Joint applicants, one or both aged 25 or over: £525.72 (down from £509.91)

Here are some of the additional items you may be entitled to, which are also increasing:

If you have children

  • First child (born before 6 April 2017): £290.00 (from £282.60)

  • First child (born on or after 6 April 2017) or second child and subsequent child (if an exemption or transitional provision applies): £244.58 (from £237.08)

If you have a disability or medical condition

  • Reduced working capacity or work-related activity: £354.28 (from £343.63)

  • Limited working capacity and you applied for Health-related Universal Credit or Employment and Support Allowance (ESA) before 3 April 2017: £132.89 (from £128.89)

If you care for a severely disabled person

labor allowance

Some people can make a certain amount of money before their income affects their Universal Credit. This is known as labor compensation.

  • Work Allowance (no Housing Benefit amount) for people applying for Universal Credit with one or more dependent children or reduced ability to work: £573 (from £557)

  • Lower Work Allowance for people applying for Universal Credit with one or more dependent children or reduced ability to work: £344 (down from £335)

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https://www.mirror.co.uk/money/universal-credit-rising-monday-check-26660650 Universal Credit goes up on Monday - check how much your payment goes up

Fry Electronics Team

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